N-PX 1 d404953dnpx.htm IVY FUNDS (FYE 3/31) Ivy Funds (FYE 3/31)

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 811-6569

IVY FUNDS

(Exact Name as Specified in Charter)

6300 Lamar Avenue, Overland Park, Kansas 66202-4200

(Address of Principal Executive Office) (Zip Code)

Philip A. Shipp, 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: March 31

Date of reporting period: July 1, 2017 to June 30, 2018


IVY ASSET STRATEGY FUND

Proxy Voting Record

Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

Larsen & Toubro Ltd

 

Meeting Date:    07/04/2017   Country:    India   Primary Security ID:    Y5217N159
Record Date:    05/26/2017   Meeting Type:    Special   Ticker:    500510
     Shares Voted:    1,363,900     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Postal Ballot

   Mgmt         
1  

Approve Issuance of Bonus Shares

   Mgmt    For    For    For

Axis Bank Ltd.

 

Meeting Date:    07/26/2017   Country:    India   Primary Security ID:    Y0487S137
Record Date:    07/19/2017   Meeting Type:    Annual   Ticker:    532215
     Shares Voted:    4,151,602     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Accept Financial Statements and Statutory Reports

   Mgmt    For    For    For
2  

Approve Dividend

   Mgmt    For    For    For
3  

Reelect Usha Sangwan as Director

   Mgmt    For    Refer    Against
4  

Reelect B. Babu Rao as Director

   Mgmt    For    For    For
5  

Approve S.R. Batliboi & Co. LLP, Chartered Accountants as Auditors and Authorize Board to Fix Their Remuneration

   Mgmt    For    For    For
6  

Approve Remuneration of Sanjiv Misra as Part-Time Non-Executive Chairman

   Mgmt    For    Refer    For
7  

Approve Revision in the Remuneration of Shikha Sharma as Managing Director and CEO

   Mgmt    For    Refer    For
8  

Approve Revision in the Remuneration of V. Srinivasan as Deputy Managing Director

   Mgmt    For    Refer    For
9  

Approve Revision in the Remuneration of Rajiv Anand as Executive Director (Retail Banking)

   Mgmt    For    Refer    For
10  

Approve Revision in the Remuneration of Rajesh Dahiya as Executive Director (Corporate Centre)

   Mgmt    For    Refer    For
11  

Approve Issuance of Debt Securities on Private Placement Basis

   Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

ITC Ltd.

 

Meeting Date:    07/28/2017   Country:    India   Primary Security ID:    Y4211T171
Record Date:    07/21/2017   Meeting Type:    Annual   Ticker:    ITC
     Shares Voted:    3,507,100     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Accept Financial Statements and Statutory Reports

   Mgmt    For    For    For
2  

Approve Dividend

   Mgmt    For    For    For
3  

Reelect Suryakant Balkrishna Mainak as Director

   Mgmt    For    For    For
4  

Approve Deloitte Haskins & Sells, Chartered Accountants as Auditors and Authorize Board to Fix Their Remuneration

   Mgmt    For    For    For
5  

Elect Zafir Alam as Director

   Mgmt    For    For    For
6  

Elect David Robert Simpson as Director

   Mgmt    For    For    For
7  

Elect Ashok Malik as Director

   Mgmt    For    For    For
8  

Approve Revision in the Remuneration of Yogesh Chander Deveshwar as Non-Executive Chairman

   Mgmt    For    Refer    Against
9  

Approve Revision in the Remuneration of Sanjiv Puri as CEO and Wholetime Director

   Mgmt    For    Refer    For
10  

Approve Remuneration of P. Raju Iyer, Cost Accountant as Cost Auditors

   Mgmt    For    For    For
11  

Approve Remuneration of Shome & Banerjee, Cost Accountants as Cost Auditors

   Mgmt    For    For    For

Larsen & Toubro Ltd

 

Meeting Date:    08/22/2017   Country:    India   Primary Security ID:    Y5217N159
Record Date:    08/14/2017   Meeting Type:    Annual   Ticker:    500510
     Shares Voted:    2,045,850     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Accept Financial Statements and Statutory Reports

   Mgmt    For    For    For
2  

Approve Dividend

   Mgmt    For    For    For
3  

Reelect Sushobhan Sarker as Director

   Mgmt    For    For    For
4  

Reelect Shailendra Roy as Director

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Larsen & Toubro Ltd

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

5  

Reelect R. Shankar Raman as Director

   Mgmt    For    For    For
6  

Reelect Subodh Bhargava as Director

   Mgmt    For    For    For
7  

Approve Appointment and Remuneration of S.N. Subrahmanyan as Chief Executive Officer and Managing Director

   Mgmt    For    For    For
8  

Elect Jayant Damodar Patil as Director

   Mgmt    For    For    For
9  

Elect Arvind Gupta as Director

   Mgmt    For    For    For
10  

Approve Appointment and Remuneration of Jayant Damodar Patil as Executive Director

   Mgmt    For    Refer    For
11  

Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights

   Mgmt    For    For    For
12  

Approve Issuance of Secure/Unsecured Redeemable Non-Convertible Debentures on Private Placement Basis

   Mgmt    For    Refer    For
13  

Approve Deloitte Haskins & Sells, Chartered Accountants as Auditors and Authorize Board to Fix Their Remuneration

   Mgmt    For    For    For
14  

Approve Remuneration of Cost Auditors

   Mgmt    For    For    For

Larsen & Toubro Ltd

 

Meeting Date:    08/22/2017   Country:    India   Primary Security ID:    Y5217N159
Record Date:    07/20/2017   Meeting Type:    Court   Ticker:    500510
     Shares Voted:    2,045,850     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Court-Ordered Meeting for Shareholders

   Mgmt         
1  

Approve Scheme of Amalgamation

   Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

China Construction Bank Corporation

 

Meeting Date:    10/09/2017   Country:    China   Primary Security ID:    Y1397N101
Record Date:    09/08/2017   Meeting Type:    Special   Ticker:    939
     Shares Voted:    13,443,853     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

EGM BALLOT FOR THE HOLDERS OF H SHARES

   Mgmt         
1  

Elect Tian Guoli and Authorize the Remuneration Committee to Fix His Remuneration

   Mgmt    For    For    For

Alibaba Group Holding Limited

 

Meeting Date:    10/18/2017   Country:    Cayman Islands   Primary Security ID:    01609W102
Record Date:    08/18/2017   Meeting Type:    Annual   Ticker:    BABA
     Shares Voted:    406,799     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Meeting for ADR Holders

   Mgmt         
1.1  

Elect Jack Yun Ma as Director

   Mgmt    For    Refer    Against
1.2  

Elect Masayoshi Son as Director

   Mgmt    For    Refer    Against
1.3  

Elect Walter Teh Ming Kwauk as Director

   Mgmt    For    For    For
2  

Ratify PricewaterhouseCoopers as Auditors

   Mgmt    For    For    For

BHP Billiton plc

 

Meeting Date:    10/19/2017   Country:    United Kingdom   Primary Security ID:    G10877101
Record Date:    10/17/2017   Meeting Type:    Annual   Ticker:    BLT
     Shares Voted:    1,196,976     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Management Proposals

   Mgmt         
1  

Accept Financial Statements and Statutory Reports

   Mgmt    For    For    For
2  

Reappoint KPMG LLP as Auditors

   Mgmt    For    For    For
3  

Authorise the Risk and Audit Committee to Fix Remuneration of Auditors

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

BHP Billiton plc

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

4  

Authorise Issue of Equity with Pre-emptive Rights

   Mgmt    For    For    For
5  

Authorise Issue of Equity without Pre-emptive Rights

   Mgmt    For    For    For
6  

Authorise Market Purchase of Ordinary Shares

   Mgmt    For    For    For
7  

Approve Remuneration Policy

   Mgmt    For    For    For
8  

Approve Remuneration Report for UK Law Purposes

   Mgmt    For    For    For
9  

Approve Remuneration Report for Australian Law Purposes

   Mgmt    For    For    For
10  

Approve Leaving Entitlements

   Mgmt    For    Refer    For
11  

Approve Grant of Awards under the Group’s Incentive Plans to Andrew Mackenzie

   Mgmt    For    Refer    For
12  

Elect Terry Bowen as Director

   Mgmt    For    For    For
13  

Elect John Mogford as Director

   Mgmt    For    For    For
14  

Re-elect Malcolm Broomhead as Director

   Mgmt    For    For    For
15  

Re-elect Anita Frew as Director

   Mgmt    For    For    For
16  

Re-elect Carolyn Hewson as Director

   Mgmt    For    For    For
17  

Re-elect Andrew Mackenzie as Director

   Mgmt    For    For    For
18  

Re-elect Lindsay Maxsted as Director

   Mgmt    For    For    For
19  

Re-elect Wayne Murdy as Director

   Mgmt    For    For    For
20  

Re-elect Shriti Vadera as Director

   Mgmt    For    For    For
21  

Re-elect Ken MacKenzie as Director

   Mgmt    For    For    For
 

Shareholder Proposals

   Mgmt         
22  

Amend the Constitution

   SH    Against    Refer    Against
23  

Review the Public Policy Advocacy on Climate Change and Energy

   SH    Against    Refer    Against


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

MetLife, Inc.

 

Meeting Date:    10/19/2017   Country:    USA   Primary Security ID:    59156R108
Record Date:    09/05/2017   Meeting Type:    Special   Ticker:    MET
     Shares Voted:    743,600     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Amend Certificate of Incorporation to Modify the Dividend Payment Tests for the Series A Preferred Stock and the Series C Preferred Stock

   Mgmt    For    Refer    For
2  

Adjourn Meeting

   Mgmt    For    Refer    For

Parker-Hannifin Corporation

 

Meeting Date:    10/25/2017   Country:    USA   Primary Security ID:    701094104
Record Date:    08/31/2017   Meeting Type:    Annual   Ticker:    PH
     Shares Voted:    241,800     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Lee C. Banks

   Mgmt    For    For    For
1.2  

Elect Director Robert G. Bohn

   Mgmt    For    For    For
1.3  

Elect Director Linda S. Harty

   Mgmt    For    For    For
1.4  

Elect Director Robert J. Kohlhepp

   Mgmt    For    For    For
1.5  

Elect Director Kevin A. Lobo

   Mgmt    For    For    For
1.6  

Elect Director Klaus-Peter Muller

   Mgmt    For    For    For
1.7  

Elect Director Candy M. Obourn

   Mgmt    For    For    For
1.8  

Elect Director Joseph Scaminace

   Mgmt    For    For    For
1.9  

Elect Director Wolfgang R. Schmitt

   Mgmt    For    For    For
1.10  

Elect Director Ake Svensson

   Mgmt    For    For    For
1.11  

Elect Director James R. Verrier

   Mgmt    For    For    For
1.12  

Elect Director James L. Wainscott

   Mgmt    For    For    For
1.13  

Elect Director Thomas L. Williams

   Mgmt    For    For    For
2  

Ratify Deloitte & Touche LLP as Auditors

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
4  

Advisory Vote on Say on Pay Frequency

   Mgmt    One Year    One Year    One Year


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Delphi Automotive PLC

 

Meeting Date:    11/07/2017   Country:    Jersey   Primary Security ID:    G27823106
Record Date:    10/05/2017   Meeting Type:    Special   Ticker:    DLPH
     Shares Voted:    581,600     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Change Company Name to Aptiv PLC

   Mgmt    For    For    For

Ferguson PLC

 

Meeting Date:    11/28/2017   Country:    United Kingdom   Primary Security ID:    G3408R105
Record Date:    11/26/2017   Meeting Type:    Annual   Ticker:    FERG
     Shares Voted:    336,600     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Accept Financial Statements and Statutory Reports

   Mgmt    For    For    For
2  

Approve Remuneration Report

   Mgmt    For    For    For
3  

Approve Final Dividend

   Mgmt    For    For    For
4  

Elect Kevin Murphy as Director

   Mgmt    For    For    For
5  

Elect Michael Powell as Director

   Mgmt    For    For    For
6  

Elect Nadia Shouraboura as Director

   Mgmt    For    For    For
7  

Re-elect Tessa Bamford as Director

   Mgmt    For    For    For
8  

Re-elect John Daly as Director

   Mgmt    For    For    For
9  

Re-elect Gareth Davis as Director

   Mgmt    For    For    For
10  

Re-elect Pilar Lopez as Director

   Mgmt    For    For    For
11  

Re-elect John Martin as Director

   Mgmt    For    For    For
12  

Re-elect Alan Murray as Director

   Mgmt    For    For    For
13  

Re-elect Darren Shapland as Director

   Mgmt    For    For    For
14  

Re-elect Jacqueline Simmonds as Director

   Mgmt    For    For    For
15  

Reappoint Deloitte LLP as Auditors

   Mgmt    For    For    For
16  

Authorise the Audit Committee to Fix Remuneration of Auditors

   Mgmt    For    For    For
17  

Authorise EU Political Donations and Expenditure

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Ferguson PLC

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

18  

Authorise Issue of Equity with Pre-emptive Rights

   Mgmt    For    For    For
19  

Authorise Issue of Equity without Pre-emptive Rights

   Mgmt    For    For    For
20  

Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment

   Mgmt    For    For    For
21  

Authorise Market Purchase of Ordinary Shares

   Mgmt    For    For    For

Industrial and Commercial Bank of China Limited

 

Meeting Date:    11/29/2017   Country:    China   Primary Security ID:    Y3990B112
Record Date:    10/27/2017   Meeting Type:    Special   Ticker:    1398
     Shares Voted:    16,181,038     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

EGM BALLOT FOR HOLDERS OF H SHARES

   Mgmt         
1  

Approve Remuneration of Directors and Supervisors for 2016

   Mgmt    For    Refer    For
2  

Elect Anthony Francis Neoh as Director

   Mgmt    For    For    For
3  

Amend Rules and Procedures Regarding General Meetings of Shareholders

   Mgmt    For    Refer    For
4  

Amend Rules and Procedures Regarding Meetings of Board of Directors

   Mgmt    For    Refer    Against
5  

Amend Rules and Procedures Regarding Meetings of Board of Supervisors

   Mgmt    For    Refer    For

Microsoft Corporation

 

Meeting Date:    11/29/2017   Country:    USA   Primary Security ID:    594918104
Record Date:    09/29/2017   Meeting Type:    Annual   Ticker:    MSFT
     Shares Voted:    1,248,759     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director William H. Gates, III

   Mgmt    For    For    For
1.2  

Elect Director Reid G. Hoffman

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Microsoft Corporation

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.3  

Elect Director Hugh F. Johnston

   Mgmt    For    For    For
1.4  

Elect Director Teri L. List-Stoll

   Mgmt    For    For    For
1.5  

Elect Director Satya Nadella

   Mgmt    For    For    For
1.6  

Elect Director Charles H. Noski

   Mgmt    For    For    For
1.7  

Elect Director Helmut Panke

   Mgmt    For    For    For
1.8  

Elect Director Sandra E. Peterson

   Mgmt    For    For    For
1.9  

Elect Director Penny S. Pritzker

   Mgmt    For    For    For
1.10  

Elect Director Charles W. Scharf

   Mgmt    For    For    For
1.11  

Elect Director Arne M. Sorenson

   Mgmt    For    For    For
1.12  

Elect Director John W. Stanton

   Mgmt    For    For    For
1.13  

Elect Director John W. Thompson

   Mgmt    For    For    For
1.14  

Elect Director Padmasree Warrior

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Advisory Vote on Say on Pay Frequency

   Mgmt    One Year    One Year    One Year
4  

Ratify Deloitte & Touche LLP as Auditors

   Mgmt    For    For    For
5  

Amend Executive Incentive Bonus Plan

   Mgmt    For    Refer    For
6  

Approve Omnibus Stock Plan

   Mgmt    For    Refer    For

Axis Bank Ltd.

 

Meeting Date:    12/08/2017   Country:    India   Primary Security ID:    Y0487S137
Record Date:    12/01/2017   Meeting Type:    Special   Ticker:    532215
     Shares Voted:    4,151,602     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Approve Issuance of Equity Shares to Investors 1 and 2 and Issuance of Convertible Warrants to Investor 3 on Preferential Basis

   Mgmt    For    Refer    For
2  

Approve Issuance of Equity Shares to Investors 7 and 8 and Issuance of Equity Shares and Convertible Warrants to Investors 4, 5 and 6 on Preferential Basis

   Mgmt    For    Refer    For
3  

Approve Issuance of Equity Shares to Life Insurance Corporation of India on Preferential Basis

   Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Intuit Inc.

 

Meeting Date:    01/18/2018   Country:    USA   Primary Security ID:    461202103
Record Date:    11/20/2017   Meeting Type:    Annual   Ticker:    INTU
     Shares Voted:    364,606     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Eve Burton

   Mgmt    For    For    For
1b  

Elect Director Scott D. Cook

   Mgmt    For    For    For
1c  

Elect Director Richard L. Dalzell

   Mgmt    For    For    For
1d  

Elect Director Deborah Liu

   Mgmt    For    For    For
1e  

Elect Director Suzanne Nora Johnson

   Mgmt    For    For    For
1f  

Elect Director Dennis D. Powell

   Mgmt    For    For    For
1g  

Elect Director Brad D. Smith

   Mgmt    For    For    For
1h  

Elect Director Thomas Szkutak

   Mgmt    For    For    For
1i  

Elect Director Raul Vazquez

   Mgmt    For    For    For
1j  

Elect Director Jeff Weiner

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Advisory Vote on Say on Pay Frequency

   Mgmt    One Year    One Year    One Year
4  

Amend Executive Incentive Bonus Plan

   Mgmt    For    Refer    For
5  

Ratify Ernst & Young LLP as Auditors

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Visa Inc.

 

Meeting Date:    01/30/2018   Country:    USA   Primary Security ID:    92826C839
Record Date:    12/01/2017   Meeting Type:    Annual   Ticker:    V
     Shares Voted:    561,100     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Lloyd A. Carney

   Mgmt    For    For    For
1b  

Elect Director Mary B. Cranston

   Mgmt    For    For    For
1c  

Elect Director Francisco Javier Fernandez-Carbajal

   Mgmt    For    For    For
1d  

Elect Director Gary A. Hoffman

   Mgmt    For    For    For
1e  

Elect Director Alfred F. Kelly, Jr.

   Mgmt    For    For    For
1f  

Elect Director John F. Lundgren

   Mgmt    For    For    For
1g  

Elect Director Robert W. Matschullat

   Mgmt    For    For    For
1h  

Elect Director Suzanne Nora Johnson

   Mgmt    For    For    For
1i  

Elect Director John A.C. Swainson

   Mgmt    For    For    For
1j  

Elect Director Maynard G. Webb, Jr.

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Ratify KPMG LLP as Auditors

   Mgmt    For    For    For

FleetCor Technologies, Inc.

 

Meeting Date:    02/07/2018   Country:    USA   Primary Security ID:    339041105
Record Date:    12/28/2017   Meeting Type:    Special   Ticker:    FLT
     Shares Voted:    156,960     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Amend Omnibus Stock Plan

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Swedbank AB

 

Meeting Date:    03/22/2018   Country:    Sweden   Primary Security ID:    W94232100
Record Date:    03/16/2018   Meeting Type:    Annual   Ticker:    SWED A
     Shares Voted:    1,344,997     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Open Meeting

   Mgmt         
2  

Elect Chairman of Meeting

   Mgmt    For    For    For
3  

Prepare and Approve List of Shareholders

   Mgmt    For    For    For
4  

Approve Agenda of Meeting

   Mgmt    For    For    For
5  

Designate Inspector(s) of Minutes of Meeting

   Mgmt    For    For    For
6  

Acknowledge Proper Convening of Meeting

   Mgmt    For    For    For
7a  

Receive Financial Statements and Statutory Reports

   Mgmt         
7b  

Receive Auditor’s Report

   Mgmt         
7c  

Receive President’s Report

   Mgmt         
8  

Accept Financial Statements and Statutory Reports

   Mgmt    For    For    For
9  

Approve Allocation of Income and Dividends of SEK 13.00 Per Share

   Mgmt    For    For    For
10a  

Approve Discharge of Goran Hedman

   Mgmt    For    For    For
10b  

Approve Discharge of Pia Rudengren

   Mgmt    For    For    For
10c  

Approve Discharge of Karl-Henrik Sundstrom

   Mgmt    For    For    For
10d  

Approve Discharge of Lars Idermark

   Mgmt    For    For    For
10e  

Approve Discharge of Bodil Eriksson

   Mgmt    For    For    For
10f  

Approve Discharge of Ulrika Francke

   Mgmt    For    For    For
10g  

Approve Discharge of Peter Norman

   Mgmt    For    For    For
10h  

Approve Discharge of Siv Svensson

   Mgmt    For    For    For
10i  

Approve Discharge of Mats Granryd

   Mgmt    For    For    For
10j  

Approve Discharge of Bo Johansson

   Mgmt    For    For    For
10k  

Approve Discharge of Annika Poutiainen

   Mgmt    For    For    For
10l  

Approve Discharge of Magnus Uggla

   Mgmt    For    For    For
10m  

Approve Discharge of Birgitte Bonnesen

   Mgmt    For    For    For
10n  

Approve Discharge of Camilla Linder

   Mgmt    For    For    For
10o  

Approve Discharge of Roger Ljung

   Mgmt    For    For    For
10p  

Approve Discharge of Ingrid Friberg

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Swedbank AB

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

10q  

Approve Discharge of Henrik Joelsson

   Mgmt    For    For    For
11  

Amend Articles of Association Re: Time Auditor is Elected for

   Mgmt    For    Refer    For
12  

Determine Number of Directors (10)

   Mgmt    For    Refer    For
13  

Approve Remuneration of Directors in the Amount of SEK 2.54 Million for Chairman, SEK 850,000 for Vice Chairman and SEK 570,000 for Other Directors; Approve Remuneration for Committee Work; Approve Remuneration of Auditors

   Mgmt    For    For    For
14a  

Elect Anna Mossberg as New Director

   Mgmt    For    For    For
14b  

Reelect Bodil Eriksson as Director

   Mgmt    For    For    For
14c  

Reelect Ulrika Francke as Director

   Mgmt    For    For    For
14d  

Reelect Mats Granryd as Director

   Mgmt    For    For    For
14e  

Reelect Lars Idermark as Director

   Mgmt    For    For    For
14f  

Reelect Bo Johansson as Director

   Mgmt    For    For    For
14g  

Reelect Peter Norman as Director

   Mgmt    For    For    For
14h  

Reelect Annika Poutiainen as Director

   Mgmt    For    For    For
14i  

Reelect Siv Svensson as Director

   Mgmt    For    For    For
14j  

Reelect Magnus Uggla as Director

   Mgmt    For    For    For
15  

Elect Lars Idermark as Board Chairman

   Mgmt    For    For    For
16  

Ratify Deloitte as Auditors

   Mgmt    For    For    For
17  

Authorize Chairman of Board and Representatives of Five of Company’s Largest Shareholders to Serve on Nominating Committee

   Mgmt    For    Refer    For
18  

Approve Remuneration Policy And Other Terms of Employment For Executive Management

   Mgmt    For    For    For
19  

Authorize Repurchase Authorization for Trading in Own Shares

   Mgmt    For    For    For
20  

Authorize General Share Repurchase Program

   Mgmt    For    For    For
21  

Approve Issuance of Convertibles without Preemptive Rights

   Mgmt    For    For    For
22a  

Approve Common Deferred Share Bonus Plan (Eken 2018)

   Mgmt    For    Refer    For
22b  

Approve Deferred Share Bonus Plan for Key Employees (IP 2018)

   Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Swedbank AB

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

22c  

Approve Equity Plan Financing to Participants of 2018 and Previous Programs

   Mgmt    For    Refer    For
 

Shareholder Proposals Submitted by Goran Westman, Carl Axel Bruno and Joacim Sjoberg

   Mgmt         
23  

Implement Lean Concept

   SH    None    Refer    Against
24  

Instruct Board of Directors/CEO to Re-Introduce Bank Books

   SH    None    Refer    Against
25  

Instruct the Board of Directors to Revise the Dividend Policy

   SH    None    Refer    Against
26  

Close Meeting

   Mgmt         

Bridgestone Corp.

 

Meeting Date:    03/23/2018   Country:    Japan   Primary Security ID:    J04578126
Record Date:    12/31/2017   Meeting Type:    Annual   Ticker:    5108
     Shares Voted:    634,216     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Approve Allocation of Income, with a Final Dividend of JPY 80

   Mgmt    For    For    For
2.1  

Elect Director Tsuya, Masaaki

   Mgmt    For    For    For
2.2  

Elect Director Nishigai, Kazuhisa

   Mgmt    For    For    For
2.3  

Elect Director Zaitsu, Narumi

   Mgmt    For    For    For
2.4  

Elect Director Togami, Kenichi

   Mgmt    For    For    For
2.5  

Elect Director Scott Trevor Davis

   Mgmt    For    For    For
2.6  

Elect Director Okina, Yuri

   Mgmt    For    For    For
2.7  

Elect Director Masuda, Kenichi

   Mgmt    For    For    For
2.8  

Elect Director Yamamoto, Kenzo

   Mgmt    For    For    For
2.9  

Elect Director Terui, Keiko

   Mgmt    For    For    For
2.10  

Elect Director Sasa, Seiichi

   Mgmt    For    For    For
2.11  

Elect Director Shiba, Yojiro

   Mgmt    For    For    For
2.12  

Elect Director Suzuki, Yoko

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Broadcom Limited

 

Meeting Date:    03/23/2018   Country:    Singapore   Primary Security ID:    Y09827109
Record Date:    03/05/2018   Meeting Type:    Court   Ticker:    AVGO
     Shares Voted:    70,516     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Court-Ordered Meeting for Shareholders

   Mgmt         
1  

Approve Scheme of Arrangement

   Mgmt    For    Refer    For

QUALCOMM Incorporated

 

Meeting Date:    03/23/2018   Country:    USA   Primary Security ID:    747525103
Record Date:    01/08/2018   Meeting Type:    Proxy Contest   Ticker:    QCOM
     Shares Voted:    138,712     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Management Proxy (White Proxy Card)

   Mgmt         
1.1  

Elect Director Barbara T. Alexander

   Mgmt    For    Refer    Do Not Vote
1.2  

Elect Director Jeffrey W. Henderson

   Mgmt    For    Refer    Do Not Vote
1.3  

Elect Director Thomas W. Horton

   Mgmt    For    Refer    Do Not Vote
1.4  

Elect Director Paul E. Jacobs

   Mgmt    For    Refer    Do Not Vote
1.5  

Elect Director Ann M. Livermore

   Mgmt    For    Refer    Do Not Vote
1.6  

Elect Director Harish Manwani

   Mgmt    For    Refer    Do Not Vote
1.7  

Elect Director Mark D. McLaughlin

   Mgmt    For    Refer    Do Not Vote
1.8  

Elect Director Steve Mollenkopf

   Mgmt    For    Refer    Do Not Vote
1.9  

Elect Director Clark T. “Sandy” Randt, Jr.

   Mgmt    For    Refer    Do Not Vote
1.10  

Elect Director Francisco Ros

   Mgmt    For    Refer    Do Not Vote
1.11  

Elect Director Anthony J. Vinciquerra

   Mgmt    For    Refer    Do Not Vote


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

QUALCOMM Incorporated

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

2  

Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    For    Refer    Do Not Vote
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    Refer    Do Not Vote
4  

Amend Qualified Employee Stock Purchase Plan

   Mgmt    For    Refer    Do Not Vote
5  

Eliminate Supermajority Vote Requirement to Remove Directors

   Mgmt    For    Refer    Do Not Vote
6  

Eliminate Supermajority Vote Requirement Relating to Amendments and Obsolete Provisions

   Mgmt    For    Refer    Do Not Vote
7  

Eliminate Supermajority Vote Requirement for Business Combinations with Interested Stockholders

   Mgmt    For    Refer    Do Not Vote
8  

Repeal Amendments to the Company’s Bylaws Adopted Without Stockholder Approval After July 15, 2016

   SH    Against    Refer    Do Not Vote
 

Dissident Proxy (Blue Proxy Card)

   Mgmt         
1.1  

Elect Director Samih Elhage

   SH    For    Refer    For
1.2  

Elect Director David G. Golden

   SH    For    Refer    For
1.3  

Elect Director Veronica M. Hagen

   SH    For    Refer    For
1.4  

Elect Director Julie A. Hill

   SH    For    Refer    For
1.5  

Elect Director John H. Kispert

   SH    For    Refer    For
1.6  

Elect Director Harry L. You

   SH    For    Refer    For
2  

Repeal Amendments to the Company’s Bylaws Adopted Without Stockholder Approval After July 15, 2016

   SH    For    Refer    For
3  

Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    For    Refer    For
4  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    None    Refer    For
5  

Amend Qualified Employee Stock Purchase Plan

   Mgmt    None    Refer    For
6  

Eliminate Supermajority Vote Requirement to Remove Directors

   Mgmt    For    Refer    For
7  

Eliminate Supermajority Vote Requirement Relating to Amendments and Obsolete Provisions

   Mgmt    For    Refer    For
8  

Eliminate Supermajority Vote Requirement for Business Combinations with Interested Stockholders

   Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Renesas Electronics Corporation

 

Meeting Date:    03/29/2018   Country:    Japan   Primary Security ID:    J4881V107
Record Date:    12/31/2017   Meeting Type:    Annual   Ticker:    6723
     Shares Voted:    288,418     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Tsurumaru, Tetsuya

   Mgmt    For    Refer    Against
1.2  

Elect Director Kure, Bunsei

   Mgmt    For    Refer    Against
1.3  

Elect Director Shibata, Hidetoshi

   Mgmt    For    For    For
1.4  

Elect Director Toyoda, Tetsuro

   Mgmt    For    For    For
1.5  

Elect Director Iwasaki, Jiro

   Mgmt    For    For    For
2.1  

Appoint Statutory Auditor Yamazaki, Kazuyoshi

   Mgmt    For    Refer    For
2.2  

Appoint Statutory Auditor Yamamoto, Noboru

   Mgmt    For    Refer    For
3  

Approve Compensation Ceiling for Directors

   Mgmt    For    Refer    Against

Broadcom Limited

 

Meeting Date:    04/04/2018   Country:    Singapore   Primary Security ID:    Y09827109
Record Date:    02/12/2018   Meeting Type:    Annual   Ticker:    AVGO
     Shares Voted:    72,016     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Hock E. Tan

   Mgmt    For    For    For
1b  

Elect Director James V. Diller

   Mgmt    For    For    For
1c  

Elect Director Gayla J. Delly

   Mgmt    For    For    For
1d  

Elect Director Lewis C. Eggebrecht

   Mgmt    For    For    For
1e  

Elect Director Kenneth Y. Hao

   Mgmt    For    For    For
1f  

Elect Director Eddy W. Hartenstein

   Mgmt    For    For    For
1g  

Elect Director Check Kian Low

   Mgmt    For    For    For
1h  

Elect Director Donald Macleod

   Mgmt    For    For    For
1i  

Elect Director Peter J. Marks

   Mgmt    For    For    For
1j  

Elect Director Henry Samueli

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Broadcom Limited

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

2  

Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration

   Mgmt    For    For    For
3  

Approve Issuance of Shares With or Without Preemptive Rights

   Mgmt    For    For    For
4  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For

Schlumberger Limited

 

Meeting Date:    04/04/2018   Country:    Curacao   Primary Security ID:    806857108
Record Date:    02/07/2018   Meeting Type:    Annual   Ticker:    SLB
     Shares Voted:    468,415     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Peter L.S. Currie

   Mgmt    For    For    For
1b  

Elect Director Miguel M. Galuccio

   Mgmt    For    For    For
1c  

Elect Director V. Maureen Kempston Darkes

   Mgmt    For    For    For
1d  

Elect Director Paal Kibsgaard

   Mgmt    For    For    For
1e  

Elect Director Nikolay Kudryavtsev

   Mgmt    For    For    For
1f  

Elect Director Helge Lund

   Mgmt    For    For    For
1g  

Elect Director Michael E. Marks

   Mgmt    For    For    For
1h  

Elect Director Indra K. Nooyi

   Mgmt    For    For    For
1i  

Elect Director Lubna S. Olayan

   Mgmt    For    For    For
1j  

Elect Director Leo Rafael Reif

   Mgmt    For    For    For
1k  

Elect Director Henri Seydoux

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Adopt and Approve Financials and Dividends

   Mgmt    For    For    For
4  

Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    For    For    For
5  

Amend Omnibus Stock Plan

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Airbus SE

 

Meeting Date:    04/11/2018   Country:    Netherlands   Primary Security ID:    N0280G100
Record Date:    03/14/2018   Meeting Type:    Annual   Ticker:    AIR
     Shares Voted:    597,445     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Annual Meeting Agenda

   Mgmt         
1  

Open Meeting

   Mgmt         
2.1  

Discussion on Company’s Corporate Governance Structure

   Mgmt         
2.2  

Receive Report on Business and Financial Statements

   Mgmt         
2.3  

Discuss Implementation of the Remuneration Policy

   Mgmt         
2.4  

Receive Explanation on Company’s Reserves and Dividend Policy

   Mgmt         
3  

Discussion of Agenda Items

   Mgmt         
4.1  

Adopt Financial Statements

   Mgmt    For    For    For
4.2  

Approve Allocation of Income and Dividends of EUR of 1.50 per Share

   Mgmt    For    For    For
4.3  

Approve Discharge of Non-Executive Members of the Board of Directors

   Mgmt    For    For    For
4.4  

Approve Discharge of Executive Members of the Board of Directors

   Mgmt    For    For    For
4.5  

Ratify Ernst & Young as Auditors

   Mgmt    For    For    For
4.6  

Reelect Maria Amparo Moraleda Martinez as a Non-Executive Director

   Mgmt    For    For    For
4.7  

Elect Victor Chu as a Non-Executive Director

   Mgmt    For    For    For
4.8  

Elect Jean-Pierre Clamadieu as a Non-Executive Director

   Mgmt    For    For    For
4.9  

Elect Rene Obermann as a Non-Executive Director

   Mgmt    For    For    For
4.10  

Grant Board Authority to Issue Shares Up To 0.51 Percent of Issued Capital and Excluding Preemptive Rights Re: ESOP and LTIP Plans

   Mgmt    For    For    For
4.11  

Grant Board Authority to Issue Shares Up To 1.15 Percent of Issued Capital and Excluding Preemptive Rights Re: Company Funding

   Mgmt    For    For    For
4.12  

Authorize Repurchase of Up to 10 Percent of Issued Share Capital

   Mgmt    For    For    For
4.13  

Approve Cancellation of Repurchased Shares

   Mgmt    For    For    For
5  

Close Meeting

   Mgmt      


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Adobe Systems Incorporated

 

Meeting Date:    04/12/2018   Country:    USA   Primary Security ID:    00724F101
Record Date:    02/14/2018   Meeting Type:    Annual   Ticker:    ADBE
     Shares Voted:    337,601     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Amy L. Banse

   Mgmt    For    For    For
1b  

Elect Director Edward W. Barnholt

   Mgmt    For    For    For
1c  

Elect Director Robert K. Burgess

   Mgmt    For    For    For
1d  

Elect Director Frank A. Calderoni

   Mgmt    For    For    For
1e  

Elect Director James E. Daley

   Mgmt    For    For    For
1f  

Elect Director Laura B. Desmond

   Mgmt    For    For    For
1g  

Elect Director Charles M. Geschke

   Mgmt    For    For    For
1h  

Elect Director Shantanu Narayen

   Mgmt    For    For    For
1i  

Elect Director Daniel L. Rosensweig

   Mgmt    For    For    For
1j  

Elect Director John E. Warnock

   Mgmt    For    For    For
2  

Amend Omnibus Stock Plan

   Mgmt    For    For    For
3  

Ratify KPMG LLP as Auditors

   Mgmt    For    For    For
4  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For

Nestle SA

 

Meeting Date:    04/12/2018   Country:    Switzerland   Primary Security ID:    H57312649
Record Date:      Meeting Type:    Annual   Ticker:    NESN
     Shares Voted:    495,200     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Accept Financial Statements and Statutory Reports

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Nestle SA

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.2  

Approve Remuneration Report

   Mgmt    For    For    For
2  

Approve Discharge of Board and Senior Management

   Mgmt    For    For    For
3  

Approve Allocation of Income and Dividends of CHF 2.35 per Share

   Mgmt    For    For    For
4.1.a  

Reelect Paul Bulcke as Director and Board Chairman

   Mgmt    For    For    For
4.1.b  

Reelect Ulf Schneider as Director

   Mgmt    For    For    For
4.1.c  

Reelect Henri de Castries as Director

   Mgmt    For    For    For
4.1.d  

Reelect Beat Hess as Director

   Mgmt    For    For    For
4.1.e  

Reelect Renato Fassbind as Director

   Mgmt    For    For    For
4.1.f  

Reelect Jean-Pierre Roth as Director

   Mgmt    For    For    For
4.1.g  

Reelect Ann Veneman as Director

   Mgmt    For    For    For
4.1.h  

Reelect Eva Cheng as Director

   Mgmt    For    For    For
4.1.i  

Reelect Ruth Oniang’o as Director

   Mgmt    For    For    For
4.1.j  

Reelect Patrick Aebischer as Director

   Mgmt    For    For    For
4.1.k  

Reelect Ursula Burns as Director

   Mgmt    For    For    For
4.2.1  

Elect Kasper Rorsted as Director

   Mgmt    For    For    For
4.2.2  

Elect Pablo Isa as Director

   Mgmt    For    For    For
4.2.3  

Elect Kimberly Ross as Director

   Mgmt    For    For    For
4.3.1  

Appoint Beat Hess as Member of the Compensation Committee

   Mgmt    For    For    For
4.3.2  

Appoint Jean-Pierre Roth as Member of the Compensation Committee

   Mgmt    For    For    For
4.3.3  

Appoint Patrick Aebischer as Member of the Compensation Committee

   Mgmt    For    For    For
4.3.4  

Appoint Ursula Burns as Member of the Compensation Committee

   Mgmt    For    For    For
4.4  

Ratify KPMG AG as Auditors

   Mgmt    For    For    For
4.5  

Designate Hartmann Dreyer as Independent Proxy

   Mgmt    For    For    For
5.1  

Approve Remuneration of Directors in the Amount of CHF 10 Million

   Mgmt    For    Refer    For
5.2  

Approve Maximum Remuneration of Executive Committee in the Amount of CHF 60 Million

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Nestle SA

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

6  

Approve CHF 4.9 Million Reduction in Share Capital via Cancellation of Repurchased Shares

   Mgmt    For    For    For
7  

Transact Other Business (Voting)

   Mgmt    Against    Against    Against

UniCredit SpA

 

Meeting Date:    04/12/2018   Country:    Italy   Primary Security ID:    T9T23L642
Record Date:    04/03/2018   Meeting Type:    Annual/Special   Ticker:    UCG
     Shares Voted:    1,543,165     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Ordinary Business

   Mgmt         
1  

Accept Financial Statements and Statutory Reports

   Mgmt    For    For    For
2  

Approve Allocation of Income

   Mgmt    For    For    For
3.a  

Fix Number of Directors

   Mgmt    For    Refer    For
 

Appoint Directors (Slate Election) - Choose One of the Following Slates

   Mgmt         
3.b.1  

Slate Submitted by Management

   Mgmt    For    For    For
3.b.2  

Slate Submitted by Institutional Investors (Assogestioni)

   SH    None    Refer    Do Not Vote
4  

Approve Remuneration of Directors

   Mgmt    For    Refer    For
5  

Approve 2018 Group Incentive System

   Mgmt    For    Refer    For
6  

Approve Remuneration Policy

   Mgmt    For    For    For
7  

Amend Regulations on General Meetings

   Mgmt    For    For    For
 

Extraordinary Business

   Mgmt         
1  

Authorize Board to Increase Capital to Service 2017 Group Incentive System and 2017-2019 LTI Plan

   Mgmt    For    For    For
2  

Authorize Board to Increase Capital to Service 2018 Group Incentive System

   Mgmt    For    For    For
3  

Amend Articles of Association

   Mgmt    For    For    For
A  

Deliberations on Possible Legal Action Against Directors if Presented by Shareholders

   Mgmt    None    Refer    Against


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Vinci

 

Meeting Date:    04/17/2018   Country:    France   Primary Security ID:    F5879X108
Record Date:    04/12/2018   Meeting Type:    Annual/Special   Ticker:    DG
     Shares Voted:    332,158     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Ordinary Business

   Mgmt         
1  

Approve Consolidated Financial Statements and Statutory Reports

   Mgmt    For    For    For
2  

Approve Financial Statements and Statutory Reports

   Mgmt    For    For    For
3  

Approve Allocation of Income and Dividends of EUR 2.45 per Share

   Mgmt    For    For    For
4  

Reelect Xavier Huillard as Director

   Mgmt    For    Refer    Against
5  

Reelect Yves-Thibault de Silguy as Director

   Mgmt    For    For    For
6  

Reelect Marie-Christine Lombard as Director

   Mgmt    For    For    For
7  

Reelect Qatar Holding LLC as Director

   Mgmt    For    For    For
8  

Elect Rene Medori as Director

   Mgmt    For    For    For
9  

Authorize Repurchase of Up to 10 Percent of Issued Share Capital

   Mgmt    For    For    For
10  

Approve Additional Pension Scheme Agreement with Xavier Huillard

   Mgmt    For    Refer    For
11  

Approve Termination Package of Xavier Huillard

   Mgmt    For    Refer    For
12  

Approve Transaction with YTSeuropaconsultants Re: Services Agreement

   Mgmt    For    Refer    Against
13  

Approve Remuneration Policy for Chairman and CEO

   Mgmt    For    For    For
14  

Approve Compensation of Xavier Huillard, Chairman and CEO

   Mgmt    For    For    For
 

Extraordinary Business

   Mgmt         
15  

Authorize Decrease in Share Capital via Cancellation of Repurchased Shares

   Mgmt    For    For    For
16  

Authorize up to 1 Percent of Issued Capital for Use in Restricted Stock Plans

   Mgmt    For    For    For
17  

Authorize Capital Issuances for Use in Employee Stock Purchase Plans

   Mgmt    For    For    For
18  

Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries

   Mgmt    For    For    For
19  

Authorize Filing of Required Documents/Other Formalities

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

EOG Resources, Inc.

 

Meeting Date:    04/24/2018   Country:    USA   Primary Security ID:    26875P101
Record Date:    02/27/2018   Meeting Type:    Annual   Ticker:    EOG
     Shares Voted:    465,445     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Janet F. Clark

   Mgmt    For    For    For
1b  

Elect Director Charles R. Crisp

   Mgmt    For    For    For
1c  

Elect Director Robert P. Daniels

   Mgmt    For    For    For
1d  

Elect Director James C. Day

   Mgmt    For    For    For
1e  

Elect Director C. Christopher Gaut

   Mgmt    For    For    For
1f  

Elect Director Donald F. Textor

   Mgmt    For    For    For
1g  

Elect Director William R. Thomas

   Mgmt    For    For    For
1h  

Elect Director Frank G. Wisner

   Mgmt    For    For    For
2  

Ratify Deloitte & Touche LLP as Auditors

   Mgmt    For    For    For
3  

Amend Qualified Employee Stock Purchase Plan

   Mgmt    For    For    For
4  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For

Noble Energy, Inc.

 

Meeting Date:    04/24/2018   Country:    USA   Primary Security ID:    655044105
Record Date:    02/23/2018   Meeting Type:    Annual   Ticker:    NBL
     Shares Voted:    850,573     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Jeffrey L. Berenson

   Mgmt    For    For    For
1b  

Elect Director Michael A. Cawley

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Noble Energy, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1c  

Elect Director Edward F. Cox

   Mgmt    For    For    For
1d  

Elect Director James E. Craddock

   Mgmt    For    Refer    For
1e  

Elect Director Thomas J. Edelman

   Mgmt    For    For    For
1f  

Elect Director Holli C. Ladhani

   Mgmt    For    For    For
1g  

Elect Director David L. Stover

   Mgmt    For    For    For
1h  

Elect Director Scott D. Urban

   Mgmt    For    For    For
1i  

Elect Director William T. Van Kleef

   Mgmt    For    For    For
2  

Ratify KPMG LLP as Auditors

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
4  

Assess Portfolio Impacts of Policies to Meet 2 Degree Scenario

   SH    Against    Refer    For

Schneider Electric SE

 

Meeting Date:    04/24/2018   Country:    France   Primary Security ID:    F86921107
Record Date:    04/19/2018   Meeting Type:    Annual/Special   Ticker:    SU
     Shares Voted:    354,238     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Ordinary Business

   Mgmt         
1  

Approve Financial Statements and Statutory Reports

   Mgmt    For    For    For
2  

Approve Consolidated Financial Statements and Statutory Reports

   Mgmt    For    For    For
3  

Approve Allocation of Losses and Dividends of EUR 2.20 per Share

   Mgmt    For    For    For
4  

Approve Agreement with Jean-Pascal Tricoire

   Mgmt    For    Refer    Against
5  

Approve Agreement with Emmanuel Babeau

   Mgmt    For    Refer    Against
6  

Approve Auditors’ Special Report on Related-Party Transactions

   Mgmt    For    Refer    For
7  

Approve Compensation of Jean Pascal Tricoire, Chairman and CEO

   Mgmt    For    For    For
8  

Approve Compensation of Emmanuel Babeau, Vice-CEO

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Schneider Electric SE

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

9  

Approve Remuneration Policy of Chairman and CEO

   Mgmt    For    For    For
10  

Approve Remuneration Policy of Vice-CEO

   Mgmt    For    For    For
11  

Reelect Willy Kissling as Director

   Mgmt    For    For    For
12  

Reelect Linda Knoll as Director

   Mgmt    For    For    For
13  

Elect Fleur Pellerin as Director

   Mgmt    For    For    For
14  

Elect Anders Runevad as Director

   Mgmt    For    For    For
15  

Authorize Repurchase of Up to 10 Percent of Issued Share Capital

   Mgmt    For    For    For
 

Extraordinary Business

   Mgmt         
16  

Authorize Capital Issuances for Use in Employee Stock Purchase Plans

   Mgmt    For    For    For
17  

Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries

   Mgmt    For    For    For
 

Ordinary Business

   Mgmt         
18  

Authorize Filing of Required Documents/Other Formalities

   Mgmt    For    For    For

The PNC Financial Services Group, Inc.

 

Meeting Date:    04/24/2018   Country:    USA   Primary Security ID:    693475105
Record Date:    02/02/2018   Meeting Type:    Annual   Ticker:    PNC
     Shares Voted:    365,177     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Charles E. Bunch

   Mgmt    For    For    For
1.2  

Elect Director Debra A. Cafaro

   Mgmt    For    For    For
1.3  

Elect Director Marjorie Rodgers Cheshire

   Mgmt    For    For    For
1.4  

Elect Director William S. Demchak

   Mgmt    For    For    For
1.5  

Elect Director Andrew T. Feldstein

   Mgmt    For    For    For
1.6  

Elect Director Daniel R. Hesse

   Mgmt    For    For    For
1.7  

Elect Director Richard B. Kelson

   Mgmt    For    For    For
1.8  

Elect Director Linda R. Medler

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

The PNC Financial Services Group, Inc.

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.9  

Elect Director Martin Pfinsgraff

   Mgmt    For    For    For
1.10  

Elect Director Donald J. Shepard

   Mgmt    For    For    For
1.11  

Elect Director Michael J. Ward

   Mgmt    For    For    For
1.12  

Elect Director Gregory D. Wasson

   Mgmt    For    For    For
2  

Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For

ASML Holding NV

 

Meeting Date:    04/25/2018   Country:    Netherlands   Primary Security ID:    N07059202
Record Date:    03/28/2018   Meeting Type:    Annual   Ticker:    ASML
     Shares Voted:    254,168     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Annual Meeting Agenda

   Mgmt         
1  

Open Meeting

   Mgmt         
2  

Discuss the Company’s Business, Financial Situation and Sustainability

   Mgmt         
3  

Discussion on Company’s Corporate Governance Structure

   Mgmt         
4.a  

Discuss Remuneration Policy for Management Board

   Mgmt         
4.b  

Adopt Financial Statements and Statutory Reports

   Mgmt    For    For    For
4.c  

Receive Clarification on Company’s Reserves and Dividend Policy

   Mgmt         
4.d  

Approve Dividends of EUR 1.40 Per Share

   Mgmt    For    For    For
5.a  

Approve Discharge of Management Board

   Mgmt    For    For    For
5.b  

Approve Discharge of Supervisory Board

   Mgmt    For    For    For
6  

Approve 200,000 Performance Shares for Board of Management

   Mgmt    For    For    For
7.a  

Announce Intention to Reappoint Peter T.F.M. Wennink to Management Board

   Mgmt         
7.b  

Announce Intention to Reappoint Martin A. van den Brink to Management Board

   Mgmt         


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

ASML Holding NV

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

7.c  

Announce Intention to Reappoint Frederic J.M. Schneider-Maunoury to Management Board

   Mgmt         
7.d  

Announce Intention to Appoint Christophe D. Fouquet to Management Board

   Mgmt         
7.e  

Announce Intention to Reappoint Roger J.M. Dassen to Management Board

   Mgmt         
8.a  

Reelect J.M.C. (Hans) Stork to Supervisory Board

   Mgmt    For    For    For
8.b  

Elect T.L. (Terri) Kelly to Supervisory Board

   Mgmt    For    For    For
8.c  

Receive Retirement Schedule of the Supervisory Board

   Mgmt         
9  

Ratify KPMG as Auditors

   Mgmt    For    For    For
10.a  

Grant Board Authority to Issue Shares up to 5 Percent of Issued Capital for General Purposes

   Mgmt    For    For    For
10.b  

Authorize Board to Exclude Preemptive Rights from Share Issuances under Item 10.a

   Mgmt    For    For    For
10.c  

Grant Board Authority to Issue or Grant Rights to Subscribe for Ordinary Shares up to 5 Percent in Case of Merger or Acquisition

   Mgmt    For    For    For
10.d  

Authorize Board to Exclude Preemptive Rights from Share Issuances under Item 10.c

   Mgmt    For    For    For
11.a  

Authorize Repurchase of up to 10 Percent of Issued Share Capital

   Mgmt    For    For    For
11.b  

Authorize Additional Repurchase of up to 10 Percent of Issued Share Capital

   Mgmt    For    For    For
12  

Authorize Cancellation of Repurchased Shares

   Mgmt    For    For    For
13  

Other Business (Non-Voting)

   Mgmt         
14  

Close Meeting

   Mgmt         


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Axa

 

Meeting Date:    04/25/2018   Country:    France   Primary Security ID:    F06106102
Record Date:    04/20/2018   Meeting Type:    Annual/Special   Ticker:    CS
     Shares Voted:    1,710,000     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

 

Ordinary Business

   Mgmt         
1  

Approve Financial Statements and Statutory Reports

   Mgmt    For    For    For
2  

Approve Consolidated Financial Statements and Statutory Reports

   Mgmt    For    For    For
3  

Approve Allocation of Income and Dividends of EUR 1.26 per Share

   Mgmt    For    For    For
4  

Approve Compensation of Denis Duverne, Chairman of the Board

   Mgmt    For    For    For
5  

Approve Compensation of Thomas Buberl, CEO

   Mgmt    For    For    For
6  

Approve Remuneration Policy of Denis Duverne, Chairman of the Board

   Mgmt    For    For    For
7  

Approve Remuneration Policy of Thomas Buberl, CEO

   Mgmt    For    For    For
8  

Approve Auditors’ Special Report on Related-Party Transactions Mentioning the Absence of New Transactions

   Mgmt    For    Refer    For
9  

Approve Severance Agreement with Thomas Buberl

   Mgmt    For    Refer    For
10  

Reelect Denis Duverne as Director

   Mgmt    For    For    For
11  

Reelect Thomas Buberl as Director

   Mgmt    For    For    For
12  

Reelect Andre Francois-Poncet as Director

   Mgmt    For    For    For
13  

Elect Patricia Barbizet as Director

   Mgmt    For    For    For
14  

Elect Rachel Duan as Director

   Mgmt    For    For    For
15  

Renew Appointment of PricewaterhouseCoopers Audit as Auditor

   Mgmt    For    For    For
16  

Appoint Patrice Morot as Alternate Auditor

   Mgmt    For    For    For
17  

Approve Remuneration of Directors in the Aggregate Amount of EUR 1.9 Million

   Mgmt    For    Refer    For
18  

Authorize Repurchase of Up to 10 Percent of Issued Share Capital

   Mgmt    For    For    For
 

Extraordinary Business

   Mgmt         
19  

Authorize Capital Issuances for Use in Employee Stock Purchase Plans

   Mgmt    For    Refer    For
20  

Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries

   Mgmt    For    Refer    For
21  

Authorize Decrease in Share Capital via Cancellation of Repurchased Shares

   Mgmt    For    For    For
22  

Amend Article 10 of Bylaws Re: Employee Representatives

   Mgmt    For    For    For
23  

Authorize Filing of Required Documents/Other Formalities

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

The Coca-Cola Company

 

Meeting Date:    04/25/2018   Country:    USA   Primary Security ID:    191216100
Record Date:    02/26/2018   Meeting Type:    Annual   Ticker:    KO
     Shares Voted:    1,287,200     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Herbert A. Allen

   Mgmt    For    For    For
1.2  

Elect Director Ronald W. Allen

   Mgmt    For    For    For
1.3  

Elect Director Marc Bolland

   Mgmt    For    For    For
1.4  

Elect Director Ana Botin

   Mgmt    For    For    For
1.5  

Elect Director Richard M. Daley

   Mgmt    For    For    For
1.6  

Elect Director Christopher C. Davis

   Mgmt    For    For    For
1.7  

Elect Director Barry Diller

   Mgmt    For    For    For
1.8  

Elect Director Helene D. Gayle

   Mgmt    For    For    For
1.9  

Elect Director Alexis M. Herman

   Mgmt    For    For    For
1.10  

Elect Director Muhtar Kent

   Mgmt    For    For    For
1.11  

Elect Director Robert A. Kotick

   Mgmt    For    For    For
1.12  

Elect Director Maria Elena Lagomasino

   Mgmt    For    For    For
1.13  

Elect Director Sam Nunn

   Mgmt    For    For    For
1.14  

Elect Director James Quincey

   Mgmt    For    For    For
1.15  

Elect Director Caroline J. Tsay

   Mgmt    For    For    For
1.16  

Elect Director David B. Weinberg

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Ratify Ernst & Young LLP as Auditors

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Aptiv PLC

 

Meeting Date:    04/26/2018   Country:    Jersey   Primary Security ID:    G6095L109
Record Date:    02/28/2018   Meeting Type:    Annual   Ticker:    APTV
     Shares Voted:    435,546     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1  

Elect Director Kevin P. Clark

   Mgmt    For    For    For
2  

Elect Director Nancy E. Cooper

   Mgmt    For    For    For
3  

Elect Director Frank J. Dellaquila

   Mgmt    For    For    For
4  

Elect Director Nicholas M. Donofrio

   Mgmt    For    For    For
5  

Elect Director Mark P. Frissora

   Mgmt    For    For    For
6  

Elect Director Rajiv L. Gupta

   Mgmt    For    For    For
7  

Elect Director Sean O. Mahoney

   Mgmt    For    For    For
8  

Elect Director Colin J. Parris

   Mgmt    For    For    For
9  

Elect Director Ana G. Pinczuk

   Mgmt    For    For    For
10  

Elect Director Thomas W. Sidlik

   Mgmt    For    For    For
11  

Elect Director Lawrence A. Zimmerman

   Mgmt    For    For    For
12  

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

   Mgmt    For    For    For
13  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
14  

Advisory Vote on Say on Pay Frequency

   Mgmt    One Year    One Year    One Year

HCA Healthcare, Inc.

 

Meeting Date:    04/26/2018   Country:    USA   Primary Security ID:    40412C101
Record Date:    03/07/2018   Meeting Type:    Annual   Ticker:    HCA
     Shares Voted:    399,778     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director R. Milton Johnson

   Mgmt    For    For    For
1b  

Elect Director Robert J. Dennis

   Mgmt    For    For    For
1c  

Elect Director Nancy-Ann DeParle

   Mgmt    For    For    For
1d  

Elect Director Thomas F. Frist, III

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

HCA Healthcare, Inc.

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1e  

Elect Director William R. Frist

   Mgmt    For    For    For
1f  

Elect Director Charles O. Holliday, Jr.

   Mgmt    For    For    For
1g  

Elect Director Ann H. Lamont

   Mgmt    For    For    For
1h  

Elect Director Geoffrey G. Meyers

   Mgmt    For    For    For
1i  

Elect Director Michael W. Michelson

   Mgmt    For    For    For
1j  

Elect Director Wayne J. Riley

   Mgmt    For    For    For
1k  

Elect Director John W. Rowe

   Mgmt    For    For    For
2  

Ratify Ernst & Young LLP as Auditors

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
4  

Advisory Vote on Say on Pay Frequency

   Mgmt    One Year    One Year    One Year

Lockheed Martin Corporation

 

Meeting Date:    04/26/2018   Country:    USA   Primary Security ID:    539830109
Record Date:    02/23/2018   Meeting Type:    Annual   Ticker:    LMT
     Shares Voted:    189,053     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Daniel F. Akerson

   Mgmt    For    For    For
1.2  

Elect Director Nolan D. Archibald

   Mgmt    For    For    For
1.3  

Elect Director David B. Burritt

   Mgmt    For    For    For
1.4  

Elect Director Bruce A. Carlson

   Mgmt    For    For    For
1.5  

Elect Director James O. Ellis, Jr.

   Mgmt    For    For    For
1.6  

Elect Director Thomas J. Falk

   Mgmt    For    For    For
1.7  

Elect Director Ilene S. Gordon

   Mgmt    For    For    For
1.8  

Elect Director Marillyn A. Hewson

   Mgmt    For    For    For
1.9  

Elect Director Jeh C. Johnson

   Mgmt    For    For    For
1.10  

Elect Director Joseph W. Ralston

   Mgmt    For    For    For
1.11  

Elect Director James D. Taiclet, Jr.

   Mgmt    For    For    For
2  

Ratify Ernst & Young LLP as Auditors

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Lockheed Martin Corporation

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

3  

Amend Non-Employee Director Omnibus Stock Plan

   Mgmt    For    Refer    For
4  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
5  

Provide Right to Act by Written Consent

   SH    Against    For    For

Pfizer Inc.

 

Meeting Date:    04/26/2018   Country:    USA   Primary Security ID:    717081103
Record Date:    02/27/2018   Meeting Type:    Annual   Ticker:    PFE
     Shares Voted:    1,871,600     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Dennis A. Ausiello

   Mgmt    For    For    For
1.2  

Elect Director Ronald E. Blaylock

   Mgmt    For    For    For
1.3  

Elect Director Albert Bourla

   Mgmt    For    For    For
1.4  

Elect Director W. Don Cornwell

   Mgmt    For    For    For
1.5  

Elect Director Joseph J. Echevarria

   Mgmt    For    For    For
1.6  

Elect Director Helen H. Hobbs

   Mgmt    For    For    For
1.7  

Elect Director James M. Kilts

   Mgmt    For    For    For
1.8  

Elect Director Dan R. Littman

   Mgmt    For    For    For
1.9  

Elect Director Shantanu Narayen

   Mgmt    For    For    For
1.10  

Elect Director Suzanne Nora Johnson

   Mgmt    For    For    For
1.11  

Elect Director Ian C. Read

   Mgmt    For    For    For
1.12  

Elect Director James C. Smith

   Mgmt    For    For    For
2  

Ratify KPMG LLP as Auditors

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
4  

Amend Omnibus Stock Plan

   Mgmt    For    For    For
5  

Provide Right to Act by Written Consent

   SH    Against    For    For
6  

Require Independent Board Chairman

   SH    Against    Refer    Against
7  

Report on Lobbying Payments and Policy

   SH    Against    Against    Against


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

United Technologies Corporation

 

Meeting Date:    04/30/2018   Country:    USA   Primary Security ID:    913017109
Record Date:    03/02/2018   Meeting Type:    Annual   Ticker:    UTX
     Shares Voted:    293,695     

 

Proposal

Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Lloyd J. Austin, III

   Mgmt    For    For    For
1b  

Elect Director Diane M. Bryant

   Mgmt    For    For    For
1c  

Elect Director John V. Faraci

   Mgmt    For    For    For
1d  

Elect Director Jean-Pierre Garnier

   Mgmt    For    For    For
1e  

Elect Director Gregory J. Hayes

   Mgmt    For    For    For
1f  

Elect Director Ellen J. Kullman

   Mgmt    For    For    For
1g  

Elect Director Marshall O. Larsen

   Mgmt    For    For    For
1h  

Elect Director Harold W. McGraw, III

   Mgmt    For    For    For
1i  

Elect Director Margaret L. O’Sullivan

   Mgmt    For    For    For
1j  

Elect Director Fredric G. Reynolds

   Mgmt    For    For    For
1k  

Elect Director Brian C. Rogers

   Mgmt    For    For    For
1l  

Elect Director Christine Todd Whitman

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Approve Omnibus Stock Plan

   Mgmt    For    Refer    For
4  

Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    For    For    For
5  

Eliminate Supermajority Vote Requirement to Approve Certain Business Combinations

   Mgmt    For    For    For
6  

Reduce Ownership Threshold for Shareholders to Call Special Meeting

   SH    Against    For    For

Cabot Oil & Gas Corporation

 

Meeting Date:    05/02/2018   Country:    USA   Primary Security ID:    127097103
Record Date:    03/08/2018   Meeting Type:    Annual   Ticker:    COG
     Shares Voted:    1,092,554     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Dorothy M. Ables

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2017 to 06/30/2018

Location(s): All Locations

Institution Account(s): 6 - Ivy Asset Strategy Fund

 

Cabot Oil & Gas Corporation

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.2  

Elect Director Rhys J. Best

   Mgmt    For    For    For
1.3  

Elect Director Robert S. Boswell

   Mgmt    For    For    For
1.4  

Elect Director Amanda M. Brock

   Mgmt    For    For    For
1.5  

Elect Director Dan O. Dinges

   Mgmt    For    For    For