N-PX 1 d183621dnpx.htm IVY FUNDS (FYE 6/30) Ivy Funds (FYE 6/30)

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: June 30

Date of reporting period: July 1, 2019 to June 30, 2020


IVY ACCUMULATIVE FUND

Proxy Voting Record

Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

8x8, Inc.

 

Meeting Date:    08/01/2019   Country:    USA   Primary Security ID:    282914100
Record Date:    06/07/2019   Meeting Type:    Annual   Ticker:    EGHT
     Shares Voted:    1,314,600     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Bryan R. Martin

   Mgmt    For    For    For
1.2  

Elect Director Vikram Verma

   Mgmt    For    For    For
1.3  

Elect Director Eric Salzman

   Mgmt    For    For    For
1.4  

Elect Director Jaswinder Pal Singh

   Mgmt    For    For    For
1.5  

Elect Director Vladimir Jacimovic

   Mgmt    For    For    For
1.6  

Elect Director Monique Bonner

   Mgmt    For    For    For
1.7  

Elect Director Todd Ford

   Mgmt    For    For    For
1.8  

Elect Director Elizabeth Theophille

   Mgmt    For    For    For
2  

Ratify Moss Adams LLP as Auditors

   Mgmt    For    For    For
3  

Amend Omnibus Stock Plan

   Mgmt    For    Refer    For
4  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For

Electronic Arts Inc.

 

Meeting Date:    08/08/2019   Country:    USA   Primary Security ID:    285512109
Record Date:    06/14/2019   Meeting Type:    Annual   Ticker:    EA
     Shares Voted:    249,800     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Leonard S. Coleman

   Mgmt    For    For    For
1b  

Elect Director Jay C. Hoag

   Mgmt    For    For    For
1c  

Elect Director Jeffrey T. Huber

   Mgmt    For    For    For
1d  

Elect Director Lawrence F. Probst, III

   Mgmt    For    For    For
1e  

Elect Director Talbott Roche

   Mgmt    For    For    For
1f  

Elect Director Richard A. Simonson

   Mgmt    For    For    For
1g  

Elect Director Luis A. Ubinas

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Electronic Arts Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1h  

Elect Director Heidi J. Ueberroth

   Mgmt    For    For    For
1i  

Elect Director Andrew Wilson

   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
4  

Approve Omnibus Stock Plan

   Mgmt    For    For    For
5  

Provide Right for Shareholders Holding 25% or More of the Common Stock to Call Special Meetings

   Mgmt    For    For    For
6  

Provide Right for Shareholders Holding 15% or More of the Common Stock to Call Special Meetings

   SH    Against    For    For

Kornit Digital Ltd.

 

Meeting Date:    08/22/2019   Country:    Israel   Primary Security ID:    M6372Q113
Record Date:    07/19/2019   Meeting Type:    Annual   Ticker:    KRNT
     Shares Voted:    725,415     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Reelect Alon Lumbroso as Director

   Mgmt    For    For    For
1.2  

Reelect Dov Ofer as Director

   Mgmt    For    For    For
2.1  

Elect Stephen Nigro as Director

   Mgmt    For    For    For
2.2  

Elect Ronen Samuel as Director

   Mgmt    For    For    For
3  

Reappoint Kost Forer Gabbay & Kasierer as Auditors and Authorize Board to Fix Their Remuneration

   Mgmt    For    For    For
4.1  

Approve amended Employment terms of CEO Re: Discretionary Bonus.

   Mgmt    For    For    For
4.2  

Approve amended Employment terms of CEO Re: Equity-Based Compensation

   Mgmt    For    For    For
5  

Approve Grant of Option to Ronen Samuel, CEO

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Kornit Digital Ltd.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

A  

Vote FOR if you are NOT a controlling shareholder and do NOT have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. If you vote AGAINST, please provide an explanation to your account manager

   Mgmt    None    Refer    For

Take-Two Interactive Software, Inc.

 

Meeting Date:    09/18/2019   Country:    USA   Primary Security ID:    874054109
Record Date:    07/22/2019   Meeting Type:    Annual   Ticker:    TTWO
     Shares Voted:    319,700     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Strauss Zelnick

   Mgmt    For    For    For
1.2  

Elect Director Michael Dornemann

   Mgmt    For    For    For
1.3  

Elect Director J Moses

   Mgmt    For    For    For
1.4  

Elect Director Michael Sheresky

   Mgmt    For    For    For
1.5  

Elect Director LaVerne Srinivasan

   Mgmt    For    For    For
1.6  

Elect Director Susan Tolson

   Mgmt    For    For    For
1.7  

Elect Director Paul Viera

   Mgmt    For    For    For
1.8  

Elect Director Roland Hernandez

   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

Mimecast Limited

 

Meeting Date:    10/03/2019   Country:    Jersey   Primary Security ID:    G14838109
Record Date:    10/01/2019   Meeting Type:    Annual   Ticker:    MIME
     Shares Voted:    276,300     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1  

Elect Director Aron Ain

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Mimecast Limited

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

2  

Elect Director Stephen M. Ward

   Mgmt    For    For    For
3  

Ratify Ernst & Young LLP as Auditors

   Mgmt    For    For    For
4  

Authorize Board to Fix Remuneration of Auditors

   Mgmt    For    For    For
5  

Accept Financial Statements and Statutory Reports

   Mgmt    For    For    For
6  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For

Microsoft Corporation

 

Meeting Date:    12/04/2019   Country:    USA   Primary Security ID:    594918104
Record Date:    10/08/2019   Meeting Type:    Annual   Ticker:    MSFT
     Shares Voted:    673,900     

 

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
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 Sandra E. Peterson

   Mgmt    For    For    For
1.7  

Elect Director Penny S. Pritzker

   Mgmt    For    For    For
1.8  

Elect Director Charles W. Scharf

   Mgmt    For    For    For
1.9  

Elect Director Arne M. Sorenson

   Mgmt    For    For    For
1.10  

Elect Director John W. Stanton

   Mgmt    For    For    For
1.11  

Elect Director John W. Thompson

   Mgmt    For    For    For
1.12  

Elect Director Emma N. Walmsley

   Mgmt    For    For    For
1.13  

Elect Director Padmasree Warrior

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    Refer    For
3  

Ratify Deloitte & Touche LLP as Auditors

   Mgmt    For    For    For
4  

Report on Employee Representation on the Board of Directors

   SH    Against    Refer    Against
5  

Report on Gender Pay Gap

   SH    Against    Against    Against


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Costco Wholesale Corporation

 

Meeting Date:    01/22/2020   Country:    USA   Primary Security ID:    22160K105
Record Date:    11/18/2019   Meeting Type:    Annual   Ticker:    COST
     Shares Voted:    77,665     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Susan L. Decker

   Mgmt    For    For    For
1.2  

Elect Director Richard A. Galanti

   Mgmt    For    For    For
1.3  

Elect Director Sally Jewell

   Mgmt    For    For    For
1.4  

Elect Director Charles T. Munger

   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 Articles of Incorporation to Provide Directors May Be Removed With or Without Cause

   Mgmt    For    Refer    For
5  

Disclose Board Diversity and Qualifications Matrix

   SH    Against    Against    Against

Intuit Inc.

 

Meeting Date:    01/23/2020   Country:    USA   Primary Security ID:    461202103
Record Date:    11/25/2019   Meeting Type:    Annual   Ticker:    INTU
     Shares Voted:    87,000     

 

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 Sasan K. Goodarzi

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Intuit Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1e  

Elect Director Deborah Liu

   Mgmt    For    For    For
1f  

Elect Director Suzanne Nora Johnson

   Mgmt    For    For    For
1g  

Elect Director Dennis D. Powell

   Mgmt    For    For    For
1h  

Elect Director Brad D. Smith

   Mgmt    For    For    For
1i  

Elect Director Thomas Szkutak

   Mgmt    For    For    For
1j  

Elect Director Raul Vazquez

   Mgmt    For    For    For
1k  

Elect Director Jeff Weiner

   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
4  

Adopt a Mandatory Arbitration Bylaw

   SH    Against    Refer    Against

Woodward, Inc.

 

Meeting Date:    01/29/2020   Country:    USA   Primary Security ID:    980745103
Record Date:    12/02/2019   Meeting Type:    Annual   Ticker:    WWD
     Shares Voted:    187,142     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Paul Donovan

   Mgmt    For    For    For
1.2  

Elect Director Mary L. Petrovich

   Mgmt    For    For    For
1.3  

Elect Director James R. Rulseh

   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  

Amend Omnibus Stock Plan

   Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Gardner Denver Holdings, Inc.

 

Meeting Date:    02/21/2020   Country:    USA   Primary Security ID:    36555P107
Record Date:    01/02/2020   Meeting Type:    Special   Ticker:    GDI
     Shares Voted:    1,191,400     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1  

Issue Shares in Connection with Merger

   Mgmt    For    Refer    For
2  

Amend Omnibus Stock Plan

   Mgmt    For    For    For
3  

Adjourn Meeting

   Mgmt    For    Refer    For

Kornit Digital Ltd.

 

Meeting Date:    02/27/2020   Country:    Israel   Primary Security ID:    M6372Q113
Record Date:    01/24/2020   Meeting Type:    Special   Ticker:    KRNT
     Shares Voted:    607,915     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1  

Approval Renewal of Liability Insurance Policy to Directors/Officers

   Mgmt    For    Refer    For

QUALCOMM Incorporated

 

Meeting Date:    03/10/2020   Country:    USA   Primary Security ID:    747525103
Record Date:    01/13/2020   Meeting Type:    Annual   Ticker:    QCOM
     Shares Voted:    210,987     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Mark Fields

   Mgmt    For    For    For
1b  

Elect Director Jeffrey W. Henderson

   Mgmt    For    For    For
1c  

Elect Director Ann M. Livermore

   Mgmt    For    For    For
1d  

Elect Director Harish Manwani

   Mgmt    For    For    For
1e  

Elect Director Mark D. McLaughlin

   Mgmt    For    For    For
1f  

Elect Director Steve Mollenkopf

   Mgmt    For    For    For
1g  

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

   Mgmt    For    For    For
1h  

Elect Director Irene B. Rosenfeld

   Mgmt    For    For    For
1i  

Elect Director Kornelis “Neil” Smit

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

QUALCOMM Incorporated

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1j  

Elect Director Anthony J. Vinciquerra

   Mgmt    For    For    For
2  

Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    For    For    For
3  

Amend Omnibus Stock Plan

   Mgmt    For    For    For
4  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    Refer    Against
5  

Advisory Vote on Say on Pay Frequency

   Mgmt    One Year    One Year    One Year

Analog Devices, Inc.

 

Meeting Date:    03/11/2020   Country:    USA   Primary Security ID:    032654105
Record Date:    01/06/2020   Meeting Type:    Annual   Ticker:    ADI
     Shares Voted:    233,681     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Ray Stata

   Mgmt    For    For    For
1b  

Elect Director Vincent Roche

   Mgmt    For    For    For
1c  

Elect Director James A. Champy

   Mgmt    For    For    For
1d  

Elect Director Anantha P. Chandrakasan

   Mgmt    For    For    For
1e  

Elect Director Bruce R. Evans

   Mgmt    For    For    For
1f  

Elect Director Edward H. Frank

   Mgmt    For    For    For
1g  

Elect Director Karen M. Golz

   Mgmt    For    For    For
1h  

Elect Director Mark M. Little

   Mgmt    For    For    For
1i  

Elect Director Kenton J. Sicchitano

   Mgmt    For    For    For
1j  

Elect Director Susie Wee

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Approve Omnibus Stock Plan

   Mgmt    For    For    For
4  

Ratify Ernst & Young LLP as Auditors

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

The Walt Disney Company

 

Meeting Date:    03/11/2020   Country:    USA   Primary Security ID:    254687106
Record Date:    01/13/2020   Meeting Type:    Annual   Ticker:    DIS
     Shares Voted:    321,555     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Susan E. Arnold

   Mgmt    For    For    For
1b  

Elect Director Mary T. Barra

   Mgmt    For    For    For
1c  

Elect Director Safra A. Catz

   Mgmt    For    For    For
1d  

Elect Director Francis A. deSouza

   Mgmt    For    For    For
1e  

Elect Director Michael B.G. Froman

   Mgmt    For    For    For
1f  

Elect Director Robert A. Iger

   Mgmt    For    For    For
1g  

Elect Director Maria Elena Lagomasino

   Mgmt    For    For    For
1h  

Elect Director Mark G. Parker

   Mgmt    For    For    For
1i  

Elect Director Derica W. Rice

   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    Refer    For
4  

Amend Omnibus Stock Plan

   Mgmt    For    For    For
5  

Report on Lobbying Payments and Policy

   SH    Against    Against    Against

Adobe Inc.

 

Meeting Date:    04/09/2020   Country:    USA   Primary Security ID:    00724F101
Record Date:    02/12/2020   Meeting Type:    Annual   Ticker:    ADBE
     Shares Voted:    96,007     

 

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 Frank A. Calderoni

   Mgmt    For    For    For
1c  

Elect Director James E. Daley

   Mgmt    For    For    For
1d  

Elect Director Laura B. Desmond

   Mgmt    For    For    For
1e  

Elect Director Charles M. Geschke

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Adobe Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1f  

Elect Director Shantanu Narayen

   Mgmt    For    For    For
1g  

Elect Director Kathleen Oberg

   Mgmt    For    For    For
1h  

Elect Director Dheeraj Pandey

   Mgmt    For    For    For
1i  

Elect Director David A. Ricks

   Mgmt    For    For    For
1j  

Elect Director Daniel L. Rosensweig

   Mgmt    For    For    For
1k  

Elect Director John E. Warnock

   Mgmt    For    For    For
2  

Amend Qualified Employee Stock Purchase 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
5  

Report on Gender Pay Gap

   SH    Against    Against    Against

Domino’s Pizza, Inc.

 

Meeting Date:    04/21/2020   Country:    USA   Primary Security ID:    25754A201
Record Date:    03/02/2020   Meeting Type:    Annual   Ticker:    DPZ
     Shares Voted:    78,000     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director David A. Brandon

   Mgmt    For    For    For
1.2  

Elect Director Richard E. Allison, Jr.

   Mgmt    For    For    For
1.3  

Elect Director C. Andrew Ballard

   Mgmt    For    For    For
1.4  

Elect Director Andrew B. Balson

   Mgmt    For    For    For
1.5  

Elect Director Corie S. Barry

   Mgmt    For    For    For
1.6  

Elect Director Diana F. Cantor

   Mgmt    For    For    For
1.7  

Elect Director Richard L. Federico

   Mgmt    For    For    For
1.8  

Elect Director James A. Goldman

   Mgmt    For    For    For
1.9  

Elect Director Patricia E. Lopez

   Mgmt    For    For    For
2  

Ratify PricewaterhouseCoopers LLP as Auditor

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

The Boeing Company

 

Meeting Date:    04/27/2020   Country:    USA   Primary Security ID:    097023105
Record Date:    02/27/2020   Meeting Type:    Annual   Ticker:    BA
     Shares Voted:    119,396     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Robert A. Bradway

   Mgmt    For    For    For
1b  

Elect Director David L. Calhoun

   Mgmt    For    For    For
1c  

Elect Director Arthur D. Collins, Jr.

   Mgmt    For    Refer    Against
1d  

Elect Director Edmund P. Giambastiani, Jr.

   Mgmt    For    Refer    Against
1e  

Elect Director Lynn J. Good

   Mgmt    For    For    For
1f  

Elect Director Nikki R. Haley - Withdrawn Resolution

   Mgmt         
1g  

Elect Director Akhil Johri

   Mgmt    For    For    For
1h  

Elect Director Lawrence W. Kellner

   Mgmt    For    Refer    For
1i  

Elect Director Caroline B. Kennedy

   Mgmt    For    For    For
1j  

Elect Director Steven M. Mollenkopf

   Mgmt    For    For    For
1k  

Elect Director John M. Richardson

   Mgmt    For    For    For
1l  

Elect Director Susan C. Schwab

   Mgmt    For    Refer    Against
1m  

Elect Director Ronald A. Williams

   Mgmt    For    Refer    Against
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Ratify Deloitte & Touche LLP as Auditors

   Mgmt    For    For    For
4  

Require Director Nominee Qualifications

   SH    Against    Refer    Against
5  

Report on Lobbying Payments and Policy

   SH    Against    Against    Against
6  

Require Independent Board Chairman

   SH    Against    Refer    For
7  

Provide Right to Act by Written Consent

   SH    Against    For    For
8  

Adopt Share Retention Policy For Senior Executives

   SH    Against    Against    Against
9  

Increase Disclosure of Compensation Adjustments

   SH    Against    Refer    Against


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Tactile Systems Technology, Inc.

 

Meeting Date:    05/04/2020   Country:    USA   Primary Security ID:    87357P100
Record Date:    03/10/2020   Meeting Type:    Annual   Ticker:    TCMD
     Shares Voted:    350,000     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director William W. Burke

   Mgmt    For    For    For
1.2  

Elect Director Raymond O. Huggenberger

   Mgmt    For    For    For
1.3  

Elect Director Gerald R. Mattys

   Mgmt    For    For    For
1.4  

Elect Director Richard J. Nigon

   Mgmt    For    For    For
1.5  

Elect Director Cheryl Pegus

   Mgmt    For    For    For
1.6  

Elect Director Kevin H. Roche

   Mgmt    For    For    For
1.7  

Elect Director Peter H. Soderberg

   Mgmt    For    For    For
2  

Ratify Grant Thornton LLP as Auditors

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For

Danaher Corporation

 

Meeting Date:    05/05/2020   Country:    USA   Primary Security ID:    235851102
Record Date:    03/09/2020   Meeting Type:    Annual   Ticker:    DHR
     Shares Voted:    185,605     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Linda Hefner Filler

   Mgmt    For    For    For
1.2  

Elect Director Thomas P. Joyce, Jr.

   Mgmt    For    For    For
1.3  

Elect Director Teri List-Stoll

   Mgmt    For    Refer    For
1.4  

Elect Director Walter G. Lohr, Jr.

   Mgmt    For    Refer    For
1.5  

Elect Director Jessica L. Mega

   Mgmt    For    For    For
1.6  

Elect Director Pardis C. Sabeti

   Mgmt    For    For    For
1.7  

Elect Director Mitchell P. Rales

   Mgmt    For    For    For
1.8  

Elect Director Steven M. Rales

   Mgmt    For    For    For
1.9  

Elect Director John T. Schwieters

   Mgmt    For    Refer    For
1.10  

Elect Director Alan G. Spoon

   Mgmt    For    For    For
1.11  

Elect Director Raymond C. Stevens

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Danaher Corporation

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.12  

Elect Director Elias A. Zerhouni

   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  

Reduce Ownership Threshold for Shareholders to Call Special Meeting

   SH    Against    For    For

Alcon Inc.

 

Meeting Date:    05/06/2020   Country:    Switzerland   Primary Security ID:    H01301128
Record Date:      Meeting Type:    Annual   Ticker:    ALC
     Shares Voted:    480,265     

 

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 Discharge of Board and Senior Management

   Mgmt    For    For    For
3  

Approve Allocation of Income and Omission of Dividends

   Mgmt    For    For    For
4.1  

Approve Remuneration Report (Non-Binding)

   Mgmt    For    Refer    For
4.2  

Approve Remuneration of Directors in the Amount of CHF 3.3 Million

   Mgmt    For    Refer    For
4.3  

Approve Remuneration of Executive Committee in the Amount of CHF 35.3 Million

   Mgmt    For    Refer    For
5.1  

Reelect Michael Ball as Director

   Mgmt    For    For    For
5.2  

Reelect Lynn Bleil as Director

   Mgmt    For    For    For
5.3  

Reelect Arthur Cummings as Director

   Mgmt    For    For    For
5.4  

Reelect David Endicott as Director

   Mgmt    For    For    For
5.5  

Reelect Thomas Glanzmann as Director

   Mgmt    For    For    For
5.6  

Reelect Keith Grossmann as Director

   Mgmt    For    For    For
5.7  

Reelect Scott Maw as Director

   Mgmt    For    For    For
5.8  

Reelect Karen May as Director

   Mgmt    For    For    For
5.9  

Reelect Ines Poeschel as Director

   Mgmt    For    For    For
5.10  

Reelect Dieter Spaelti as Director

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Alcon Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

6.1  

Reappoint Thomas Glanzmann as Member of the Compensation Committee

   Mgmt    For    For    For
6.2  

Reappoint Keith Grossmann as Member of the Compensation Committee

   Mgmt    For    For    For
6.3  

Reappoint Karen May as Member of the Compensation Committee

   Mgmt    For    For    For
6.4  

Reappoint Ines Poeschel as Member of the Compensation Committee

   Mgmt    For    For    For
7  

Designate Hartmann Dreyer Attorneys-at-Law as Independent Proxy

   Mgmt    For    For    For
8  

Ratify PricewaterhouseCoopers SA as Auditors

   Mgmt    For    For    For
9  

Transact Other Business (Voting)

   Mgmt    For    Against    Against

S&P Global Inc.

 

Meeting Date:    05/13/2020   Country:    USA   Primary Security ID:    78409V104
Record Date:    03/23/2020   Meeting Type:    Annual   Ticker:    SPGI
     Shares Voted:    120,264     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Marco Alvera

   Mgmt    For    For    For
1.2  

Elect Director William J. Amelio

   Mgmt    For    For    For
1.3  

Elect Director William D. Green

   Mgmt    For    For    For
1.4  

Elect Director Charles E. Haldeman, Jr.

   Mgmt    For    For    For
1.5  

Elect Director Stephanie C. Hill

   Mgmt    For    For    For
1.6  

Elect Director Rebecca J. Jacoby

   Mgmt    For    For    For
1.7  

Elect Director Monique F. Leroux

   Mgmt    For    For    For
1.8  

Elect Director Maria R. Morris

   Mgmt    For    For    For
1.9  

Elect Director Douglas L. Peterson

   Mgmt    For    For    For
1.10  

Elect Director Edward B. Rust, Jr.

   Mgmt    For    For    For
1.11  

Elect Director Kurt L. Schmoke

   Mgmt    For    For    For
1.12  

Elect Director Richard E. Thornburgh

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

S&P Global Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

3  

Provide Directors May Be Removed With or Without Cause

   Mgmt    For    Refer    For
4  

Ratify Ernst & Young LLP as Auditors

   Mgmt    For    For    For

Fiserv, Inc.

 

Meeting Date:    05/14/2020   Country:    USA   Primary Security ID:    337738108
Record Date:    03/18/2020   Meeting Type:    Annual   Ticker:    FISV
     Shares Voted:    572,183     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Frank J. Bisignano

   Mgmt    For    For    For
1.2  

Elect Director Alison Davis

   Mgmt    For    For    For
1.3  

Elect Director Henrique de Castro

   Mgmt    For    For    For
1.4  

Elect Director Harry F. DiSimone

   Mgmt    For    For    For
1.5  

Elect Director Dennis F. Lynch

   Mgmt    For    For    For
1.6  

Elect Director Heidi G. Miller

   Mgmt    For    For    For
1.7  

Elect Director Scott C. Nuttall

   Mgmt    For    For    For
1.8  

Elect Director Denis J. O’Leary

   Mgmt    For    For    For
1.9  

Elect Director Doyle R. Simons

   Mgmt    For    For    For
1.10  

Elect Director Jeffery W. Yabuki

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    Refer    For
3  

Ratify Deloitte & Touche LLP as Auditors

   Mgmt    For    For    For
4  

Report on Political Contributions

   SH    Against    For    Against


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Five9, Inc.

 

Meeting Date:    05/18/2020   Country:    USA   Primary Security ID:    338307101
Record Date:    03/20/2020   Meeting Type:    Annual   Ticker:    FIVN
     Shares Voted:    543,542     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Kimberly Alexy

   Mgmt    For    Refer    For
1.2  

Elect Director Michael Burkland

   Mgmt    For    Refer    For
1.3  

Elect Director Robert Zollars

   Mgmt    For    Refer    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Ratify KPMG LLP as Auditors

   Mgmt    For    For    For

Tradeweb Markets Inc.

 

Meeting Date:    05/19/2020   Country:    USA   Primary Security ID:    892672106
Record Date:    03/23/2020   Meeting Type:    Annual   Ticker:    TW
     Shares Voted:    625,000     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director John G. Finley

   Mgmt    For    Refer    Withhold
1.2  

Elect Director Scott Ganeles

   Mgmt    For    Refer    Withhold
1.3  

Elect Director Debra Walton

   Mgmt    For    Refer    Withhold
2  

Ratify Deloitte & Touche LLP as Auditors

   Mgmt    For    For    For

DexCom, Inc.

 

Meeting Date:    05/21/2020   Country:    USA   Primary Security ID:    252131107
Record Date:    03/31/2020   Meeting Type:    Annual   Ticker:    DXCM
     Shares Voted:    138,200     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Richard A. Collins

   Mgmt    For    For    For
1b  

Elect Director Mark G. Foletta

   Mgmt    For    For    For
1c  

Elect Director Eric J. Topol

   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


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Elanco Animal Health Incorporated

 

Meeting Date:    05/21/2020   Country:    USA   Primary Security ID:    28414H103
Record Date:    03/16/2020   Meeting Type:    Annual   Ticker:    ELAN
     Shares Voted:    949,902     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Michael J. Harrington

   Mgmt    For    Refer    Against
1b  

Elect Director Deborah T. Kochevar

   Mgmt    For    Refer    Against
1c  

Elect Director Kirk P. McDonald

   Mgmt    For    Refer    Against
2  

Ratify Ernst & Young LLP as Auditors

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For

PayPal Holdings, Inc.

 

Meeting Date:    05/21/2020   Country:    USA   Primary Security ID:    70450Y103
Record Date:    03/27/2020   Meeting Type:    Annual   Ticker:    PYPL
     Shares Voted:    257,315     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Rodney C. Adkins

   Mgmt    For    For    For
1b  

Elect Director Jonathan Christodoro

   Mgmt    For    For    For
1c  

Elect Director John J. Donahoe

   Mgmt    For    For    For
1d  

Elect Director David W. Dorman

   Mgmt    For    For    For
1e  

Elect Director Belinda J. Johnson

   Mgmt    For    For    For
1f  

Elect Director Gail J. McGovern

   Mgmt    For    For    For
1g  

Elect Director Deborah M. Messemer

   Mgmt    For    For    For
1h  

Elect Director David M. Moffett

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

PayPal Holdings, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1i  

Elect Director Ann M. Sarnoff

   Mgmt    For    For    For
1j  

Elect Director Daniel H. Schulman

   Mgmt    For    For    For
1k  

Elect Director Frank D. Yeary

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    For    For    For
4  

Provide Right to Act by Written Consent

   SH    Against    For    For
5  

Adopt Human and Indigenous People’s Rights Policy

   SH    Against    Against    Against

Amazon.com, Inc.

 

Meeting Date:    05/27/2020   Country:    USA   Primary Security ID:    023135106
Record Date:    04/02/2020   Meeting Type:    Annual   Ticker:    AMZN
     Shares Voted:    45,575     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Jeffrey P. Bezos

   Mgmt    For    For    For
1b  

Elect Director Rosalind G. Brewer

   Mgmt    For    For    For
1c  

Elect Director Jamie S. Gorelick

   Mgmt    For    For    For
1d  

Elect Director Daniel P. Huttenlocher

   Mgmt    For    For    For
1e  

Elect Director Judith A. McGrath

   Mgmt    For    For    For
1f  

Elect Director Indra K. Nooyi

   Mgmt    For    For    For
1g  

Elect Director Jonathan J. Rubinstein

   Mgmt    For    For    For
1h  

Elect Director Thomas O. Ryder

   Mgmt    For    For    For
1i  

Elect Director Patricia Q. Stonesifer

   Mgmt    For    For    For
1j  

Elect Director Wendell P. Weeks

   Mgmt    For    For    For
2  

Ratify Ernst & Young LLP as Auditor

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
4  

Reduce Ownership Threshold for Shareholders to Call Special Meeting

   Mgmt    For    For    For
5  

Report on Management of Food Waste

   SH    Against    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Amazon.com, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

6  

Report on Customers’ Use of its Surveillance and Computer Vision Products or Cloud-Based Services

   SH    Against    For    For
7  

Report on Potential Human Rights Impacts of Customers’ Use of Rekognition

   SH    Against    For    For
8  

Report on Products Promoting Hate Speech and Sales of Offensive Products

   SH    Against    For    For
9  

Require Independent Board Chairman

   SH    Against    Refer    Against
10  

Report on Global Median Gender/Racial Pay Gap

   SH    Against    Against    Against
11  

Report on Reducing Environmental and Health Harms to Communities of Color

   SH    Against    Against    Against
12  

Report on Viewpoint Discrimination

   SH    Against    Against    Against
13  

Report on Promotion Velocity

   SH    Against    Against    Against
14  

Reduce Ownership Threshold for Shareholders to Call Special Meeting

   SH    Against    For    For
15  

Human Rights Risk Assessment

   SH    Against    For    For
16  

Report on Lobbying Payments and Policy

   SH    Against    For    For

Facebook, Inc.

 

Meeting Date:    05/27/2020   Country:    USA   Primary Security ID:    30303M102
Record Date:    04/03/2020   Meeting Type:    Annual   Ticker:    FB
     Shares Voted:    248,453     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Peggy Alford

   Mgmt    For    For    For
1.2  

Elect Director Marc L. Andreessen

   Mgmt    For    Refer    Withhold
1.3  

Elect Director Andrew W. Houston

   Mgmt    For    For    For
1.4  

Elect Director Nancy Killefer

   Mgmt    For    For    For
1.5  

Elect Director Robert M. Kimmitt

   Mgmt    For    For    For
1.6  

Elect Director Sheryl K. Sandberg

   Mgmt    For    For    For
1.7  

Elect Director Peter A. Thiel

   Mgmt    For    Refer    Withhold
1.8  

Elect Director Tracey T. Travis

   Mgmt    For    For    For
1.9  

Elect Director Mark Zuckerberg

   Mgmt    For    Refer    Withhold


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Facebook, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

2  

Ratify Ernst & Young LLP as Auditors

   Mgmt    For    For    For
3  

Approve Non-Employee Director Compensation Policy

   Mgmt    For    Refer    For
4  

Approve Recapitalization Plan for all Stock to Have One-vote per Share

   SH    Against    For    For
5  

Require Independent Board Chair

   SH    Against    Refer    For
6  

Require a Majority Vote for the Election of Directors

   SH    Against    For    For
7  

Report on Political Advertising

   SH    Against    For    For
8  

Require Independent Director Nominee with Human and/or Civil Rights Experience

   SH    Against    Against    Against
9  

Report on Civil and Human Rights Risk Assessment

   SH    Against    Against    Against
10  

Report on Online Child Sexual Exploitation

   SH    Against    For    For
11  

Report on Median Gender/Racial Pay Gap

   SH    Against    Against    Against

Tandem Diabetes Care, Inc.

 

Meeting Date:    05/27/2020   Country:    USA   Primary Security ID:    875372203
Record Date:    03/31/2020   Meeting Type:    Annual   Ticker:    TNDM
     Shares Voted:    233,000     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Kim D. Blickenstaff

   Mgmt    For    Refer    Withhold
1.2  

Elect Director Christopher J. Twomey

   Mgmt    For    Refer    Withhold
2  

Ratify Ernst & Young LLP as Auditor

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    Refer    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Insulet Corporation

 

Meeting Date:    05/29/2020   Country:    USA   Primary Security ID:    45784P101
Record Date:    04/01/2020   Meeting Type:    Annual   Ticker:    PODD
     Shares Voted:    153,744     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Sally W. Crawford

   Mgmt    For    For    For
1.2  

Elect Director Michael R. Minogue

   Mgmt    For    For    For
1.3  

Elect Director Corinne H. Nevinny

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Ratify Grant Thornton LLP as Auditors

   Mgmt    For    For    For

Live Nation Entertainment, Inc.

 

Meeting Date:    06/03/2020   Country:    USA   Primary Security ID:    538034109
Record Date:    04/07/2020   Meeting Type:    Annual   Ticker:    LYV
     Shares Voted:    494,356     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Maverick Carter

   Mgmt    For    Refer    Against
1.2  

Elect Director Ariel Emanuel

   Mgmt    For    Refer    Against
1.3  

Elect Director Ping Fu

   Mgmt    For    Refer    Against
1.4  

Elect Director Jeffrey T. Hinson

   Mgmt    For    Refer    Against
1.5  

Elect Director Chad Hollingsworth

   Mgmt    For    For    For
1.6  

Elect Director James Iovine

   Mgmt    For    Refer    Against
1.7  

Elect Director James S. Kahan

   Mgmt    For    Refer    Against
1.8  

Elect Director Gregory B. Maffei

   Mgmt    For    Against    Against
1.9  

Elect Director Randall T. Mays

   Mgmt    For    Refer    Against
1.10  

Elect Director Michael Rapino

   Mgmt    For    Refer    Against
1.11  

Elect Director Mark S. Shapiro

   Mgmt    For    Refer    Against
1.12  

Elect Director Dana Walden

   Mgmt    For    Refer    Against
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: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Twilio Inc.

 

Meeting Date:    06/03/2020   Country:    USA   Primary Security ID:    90138F102
Record Date:    04/06/2020   Meeting Type:    Annual   Ticker:    TWLO
     Shares Voted:    186,621     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Richard Dalzell

   Mgmt    For    Refer    Withhold
1.2  

Elect Director Jeffrey Immelt

   Mgmt    For    Refer    Withhold
1.3  

Elect Director Erika Rottenberg

   Mgmt    For    Refer    Withhold
2  

Ratify KPMG LLP as Auditors

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    Refer    For

nLIGHT, Inc.

 

Meeting Date:    06/04/2020   Country:    USA   Primary Security ID:    65487K100
Record Date:    04/06/2020   Meeting Type:    Annual   Ticker:    LASR
     Shares Voted:    599,944     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Bandel Carano

   Mgmt    For    Withhold    Withhold
1.2  

Elect Director Raymond Link

   Mgmt    For    Withhold    Withhold
1.3  

Elect Director Geoffrey Moore

   Mgmt    For    Withhold    Withhold
2  

Ratify KPMG LLP as Auditors

   Mgmt    For    For    For

Trane Technologies Plc

 

Meeting Date:    06/04/2020   Country:    Ireland   Primary Security ID:    G8994E103
Record Date:    04/08/2020   Meeting Type:    Annual   Ticker:    TT
     Shares Voted:    210,000     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Kirk E. Arnold

   Mgmt    For    For    For
1b  

Elect Director Ann C. Berzin

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Trane Technologies Plc

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1c  

Elect Director John Bruton

   Mgmt    For    For    For
1d  

Elect Director Jared L. Cohon

   Mgmt    For    For    For
1e  

Elect Director Gary D. Forsee

   Mgmt    For    For    For
1f  

Elect Director Linda P. Hudson

   Mgmt    For    For    For
1g  

Elect Director Michael W. Lamach

   Mgmt    For    For    For
1h  

Elect Director Myles P. Lee

   Mgmt    For    For    For
1i  

Elect Director Karen B. Peetz

   Mgmt    For    For    For
1j  

Elect Director John P. Surma

   Mgmt    For    For    For
1k  

Elect Director Richard J. Swift

   Mgmt    For    For    For
1l  

Elect Director Tony L. White

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

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

   Mgmt    For    For    For
4  

Authorize Issue of Equity

   Mgmt    For    For    For
5  

Renew Directors’ Authority to Issue Shares for Cash

   Mgmt    For    For    For
6  

Authorize Reissuance of Repurchased Shares

   Mgmt    For    Refer    For

Gartner, Inc.

 

Meeting Date:    06/08/2020   Country:    USA   Primary Security ID:    366651107
Record Date:    04/14/2020   Meeting Type:    Annual   Ticker:    IT
     Shares Voted:    204,607     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Peter E. Bisson

   Mgmt    For    For    For
1b  

Elect Director Richard J. Bressler

   Mgmt    For    For    For
1c  

Elect Director Raul E. Cesan

   Mgmt    For    For    For
1d  

Elect Director Karen E. Dykstra

   Mgmt    For    For    For
1e  

Elect Director Anne Sutherland Fuchs

   Mgmt    For    For    For
1f  

Elect Director William O. Grabe

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Gartner, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1g  

Elect Director Eugene A. Hall

   Mgmt    For    For    For
1h  

Elect Director Stephen G. Pagliuca

   Mgmt    For    For    For
1i  

Elect Director Eileen M. Serra

   Mgmt    For    For    For
1j  

Elect Director James C. Smith

   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

NVIDIA Corporation

 

Meeting Date:    06/09/2020   Country:    USA   Primary Security ID:    67066G104
Record Date:    04/13/2020   Meeting Type:    Annual   Ticker:    NVDA
     Shares Voted:    75,994     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Robert K. Burgess

   Mgmt    For    For    For
1b  

Elect Director Tench Coxe

   Mgmt    For    For    For
1c  

Elect Director Persis S. Drell

   Mgmt    For    For    For
1d  

Elect Director Jen-Hsun Huang

   Mgmt    For    For    For
1e  

Elect Director Dawn Hudson

   Mgmt    For    For    For
1f  

Elect Director Harvey C. Jones

   Mgmt    For    For    For
1g  

Elect Director Michael G. McCaffery

   Mgmt    For    For    For
1h  

Elect Director Stephen C. Neal

   Mgmt    For    For    For
1i  

Elect Director Mark L. Perry

   Mgmt    For    For    For
1j  

Elect Director A. Brooke Seawell

   Mgmt    For    For    For
1k  

Elect Director Mark A. Stevens

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    For    For    For
4  

Amend Omnibus Stock Plan

   Mgmt    For    For    For
5  

Amend Qualified Employee Stock Purchase Plan

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Q2 Holdings, Inc.

 

Meeting Date:    06/09/2020   Country:    USA   Primary Security ID:    74736L109
Record Date:    04/22/2020   Meeting Type:    Annual   Ticker:    QTWO
     Shares Voted:    297,400     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director R. Lynn Atchison

   Mgmt    For    For    For
1.2  

Elect Director Charles T. Doyle

   Mgmt    For    For    For
1.3  

Elect Director Carl James Schaper

   Mgmt    For    For    For
2  

Ratify Ernst & Young LLP as Auditor

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For

Taiwan Semiconductor Manufacturing Co., Ltd.

 

Meeting Date:    06/09/2020   Country:    Taiwan   Primary Security ID:    Y84629107
Record Date:    04/09/2020   Meeting Type:    Annual   Ticker:    2330
     Shares Voted:    524,062     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

 

Meeting for ADR Holders

   Mgmt         
1  

Approve Business Operations Report and Financial Statements

   Mgmt    For    For    For
2  

Amend Procedures for Lending Funds to Other Parties

   Mgmt    For    Refer    For
 

ELECT INDEPENDENT DIRECTOR VIA CUMULATIVE VOTING

   Mgmt         
3.1  

Elect Yancey Hai, with SHAREHOLDER NO.D100708xxx as Independent Director

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

The TJX Companies, Inc.

 

Meeting Date:    06/09/2020   Country:    USA   Primary Security ID:    872540109
Record Date:    04/13/2020   Meeting Type:    Annual   Ticker:    TJX
     Shares Voted:    598,193     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Zein Abdalla

   Mgmt    For    For    For
1b  

Elect Director Alan M. Bennett

   Mgmt    For    For    For
1c  

Elect Director Rosemary T. Berkery

   Mgmt    For    For    For
1d  

Elect Director David T. Ching

   Mgmt    For    For    For
1e  

Elect Director Ernie Herrman

   Mgmt    For    For    For
1f  

Elect Director Michael F. Hines

   Mgmt    For    For    For
1g  

Elect Director Amy B. Lane

   Mgmt    For    For    For
1h  

Elect Director Carol Meyrowitz

   Mgmt    For    For    For
1i  

Elect Director Jackwyn L. Nemerov

   Mgmt    For    For    For
1j  

Elect Director John F. O’Brien

   Mgmt    For    For    For
1k  

Elect Director Willow B. Shire

   Mgmt    For    For    For
2  

Ratify PricewaterhouseCoopers as Auditors

   Mgmt    For    For    For
3  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
4  

Report on Reduction of Chemical Footprint

   SH    Against    For    For
5  

Report on Animal Welfare

   SH    Against    Against    Against
6  

Report on Pay Disparity

   SH    Against    Against    Against
7  

Stock Retention/Holding Period

   SH    Against    Against    Against

Workday, Inc.

 

Meeting Date:    06/09/2020   Country:    USA   Primary Security ID:    98138H101
Record Date:    04/13/2020   Meeting Type:    Annual   Ticker:    WDAY
     Shares Voted:    203,602     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Michael C. Bush

   Mgmt    For    For    For
1.2  

Elect Director Christa Davies

   Mgmt    For    For    For
1.3  

Elect Director Michael A. Stankey

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Workday, Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.4  

Elect Director George J. Still, Jr.

   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

Tabula Rasa HealthCare, Inc.

 

Meeting Date:    06/12/2020   Country:    USA   Primary Security ID:    873379101
Record Date:    04/21/2020   Meeting Type:    Annual   Ticker:    TRHC
     Shares Voted:    4,224     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1.1  

Elect Director Jan Berger

   Mgmt    For    Refer    Withhold
1.2  

Elect Director Kathrine O’Brien

   Mgmt    For    Refer    Withhold
1.3  

Elect Director Michael Purcell

   Mgmt    For    Refer    Withhold
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Ratify KPMG LLP as Auditors

   Mgmt    For    For    For

Ingersoll Rand, Inc.

 

Meeting Date:    06/16/2020   Country:    USA   Primary Security ID:    45687V106
Record Date:    04/22/2020   Meeting Type:    Annual   Ticker:    IR
     Shares Voted:    1,433,632     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting
Policy Rec

  

Vote

Instruction

1a  

Elect Director Kirk E. Arnold

   Mgmt    For    For    For
1b  

Elect Director William P. Donnelly

   Mgmt    For    For    For
1c  

Elect Director Marc E. Jones

   Mgmt    For    For    For
2  

Ratify Deloitte & Touche LLP as Auditors

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Mastercard Incorporated

 

Meeting Date:    06/16/2020   Country:    USA   Primary Security ID:    57636Q104
Record Date:    04/20/2020   Meeting Type:    Annual   Ticker:    MA
     Shares Voted:    240,231     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1a  

Elect Director Richard Haythornthwaite

   Mgmt    For    For    For
1b  

Elect Director Ajay Banga

   Mgmt    For    For    For
1c  

Elect Director Richard K. Davis

   Mgmt    For    For    For
1d  

Elect Director Steven J. Freiberg

   Mgmt    For    For    For
1e  

Elect Director Julius Genachowski

   Mgmt    For    For    For
1f  

Elect Director Choon Phong Goh

   Mgmt    For    For    For
1g  

Elect Director Merit E. Janow

   Mgmt    For    For    For
1h  

Elect Director Oki Matsumoto

   Mgmt    For    For    For
1i  

Elect Director Youngme Moon

   Mgmt    For    For    For
1j  

Elect Director Rima Qureshi

   Mgmt    For    For    For
1k  

Elect Director Jose Octavio Reyes Lagunes

   Mgmt    For    For    For
1l  

Elect Director Gabrielle Sulzberger

   Mgmt    For    For    For
1m  

Elect Director Jackson Tai

   Mgmt    For    For    For
1n  

Elect Director Lance Uggla

   Mgmt    For    For    For
2  

Advisory Vote to Ratify Named Executive Officers’ Compensation

   Mgmt    For    For    For
3  

Ratify PricewaterhouseCoopers LLP as Auditors

   Mgmt    For    For    For

Smartsheet Inc.

 

Meeting Date:    06/17/2020   Country:    USA   Primary Security ID:    83200N103
Record Date:    04/20/2020   Meeting Type:    Annual   Ticker:    SMAR
     Shares Voted:    189,099     

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.1  

Elect Director Geoffrey T. Barker

   Mgmt    For    Refer    Withhold
1.2  

Elect Director Michael Gregoire

   Mgmt    For    For    For


Vote Summary Report

Reporting Period: 07/01/2019 to 06/30/2020

Location(s): All Locations

Institution Account(s): 920 Ivy Accumulative Fund

 

Smartsheet Inc.

 

Proposal
Number

 

Proposal Text

  

Proponent

  

Mgmt Rec

  

Voting

Policy Rec

  

Vote

Instruction

1.3  

Elect Director Matthew McIlwain

   Mgmt    For    Refer    Withhold
1.4  

Elect Director James N. White

   Mgmt    For    Refer    Withhold
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


IVY WILSHIRE GLOBAL ALLOCATION FUND

Proxy Voting Record

There was no proxy voting for Ivy Wilshire Global Allocation Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.


SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

IVY FUNDS
(Registrant)
By:  

/s/ Philip A. Shipp

  Philip A. Shipp, Assistant Secretary
Date: August 31, 2020
By:  

/s/ Philip J. Sanders

  Philip J. Sanders, President and Principal Executive Officer
Date: August 31, 2020