N-PX/A 1 npxtrusta.htm UNITED STATES


                               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                   811-7360

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

           Monetta Trust

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

           (Exact name of registrant as specified in charter)


           1776-A S. Naperville Road, Suite 100, Wheaton, IL   60187

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

           (Address of principal executive offices)          (Zip code)


           Monetta Financial Services, Inc.

           1776-A S. Naperville Road, Suite 100, Wheaton, IL   60187

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

           (Name and address of agent for service)


           Registrant's telephone number, including area code: (630) 462-9800

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


           Date of fiscal year end:  December 31

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


           Date of reporting period:  July 1, 2005 - June 30, 2006

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


Form N-PX is to be used by a registered management investment company, other

than a small business investment company registered on Form N-5 (ss.ss. 239.24

and 274.5 of this chapter), to file reports with the Commission, not later than

August 31 of each year, containing the registrant's proxy voting record for the

most recent twelve month period ended June 30, pursuant to section 30 of the

Investment Company Act of 1940 and rule 30b1-4 thereunder (17CFR 270.30b1-4).

The Commission may use the information provided on Form N-PX in its regulatory,

disclosure review, inspection, and policymaking roles.


A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number.  Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609.  The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss.3507.


SEC 2451 (4-03)    Persons who are to respond to the collection of information

                   contained in this form are not required to respond unless

                   the form displays a currently valid OMB control number.




<page>




Item 1. Proxy Voting Record:


Appended hereto as Exhibit A is the following information for each matter

relating to a portfolio security owned by the Registrant considered at any

shareholder meeting held during the twelve month period ended June 30, 2006

with respect to which the registrant was entitled to vote:


(a) The name of the issuer of the portfolio security;

(b) The exchange ticker symbol of the portfolio security;

(c) The Council on Uniform Securities Identification Procedures ("CUSIP")

    number for the portfolio security;

(d) The shareholder meeting date;

(e) A brief identification of the matter voted on;

(f) Whether the matter was proposed by the issuer or by a security holder;

(g) Whether the registrant cast its vote on the matter;

(h) How the registrant cast its vote (e.g., for or against proposal, or

    abstain; for or withhold regarding election of directors); and

(i) Whether the registrant cast its vote for or against management.


<page>





EXHIBIT A


ICA File Number:  811-07360

Reporting Period:  07/01/2005 – 06/30/2006




MONETTA TRUST – SELECT TECHNOLOGY FUND


NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Sungard Data Systems, Inc.


SDS


867363103


Annual


07/28/2005


3) For the Recommended Directors

1) Adopt Merger Agreement with

    Solar Capital Corp.

2) Solicit Proxies, Merger Agreement

4) Ratify Appointment of

    Independent Auditors


MGMT

MGMT


MGMT

MGMT


FOR

FOR


FOR

FOR


FOR

FOR


FOR

FOR

Electronic Arts, Inc.

ERTS

285512109

Annual

07/28/2005

1) For the Recommended Directors

2) Amend 2000 Equity Plan

3) Amend 2000 Employee Stock

    Purchase Plan

4) Ratify Appointment of

    Independent Auditors

MGMT

MGMT

MGMT


MGMT

FOR

FOR

FOR


FOR

FOR

FOR

FOR


FOR

Satyam Computer Services Ltd


SAY


804098101


Annual


07/22/2005


1) Approve Financial Statements,

     3/31/2005

2) Approve Equity Dividend

3) Approve Director Appointment,

     Prof.  Krishna G. Palepu

4) Ratify Appointment of Auditors


MGMT


MGMT

MGMT


MGMT


FOR


FOR

FOR


FOR


FOR


FOR

FOR


FOR

Qlogic Corp.

QLGC

747277101

Annual

08/23/2005

1) For the Recommended Directors

2) Approve 2005 Performance

    Incentive  Plan

3) Ratify Appointment of

    Independent Auditors

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Microchip Technology, Inc.


MCHP


595017104


Annual


08/15/2005


1) For the Recommended Directors

2) Ratify Appointment of

    Independent Registered Public

    Accounting Firm


MGMT

MGMT


FOR

FOR


FOR

FOR

BMC Software, Inc.

BMC

055921100

Annual

08/23/2005

1) For the Recommended Directors

2) Ratify Appointment of

    Independent Auditors

3) Amend 1994 Employee Incentive

    Plan

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Network Appliance, Inc.

NTAP

64120L104

Annual

08/31/2005

1) For the Recommended Directors

2) Amend 1999 Stock Incentive Plan,

    Increase Authorized Shares

3) Amend Employee Stock Purchase

    Plan, Increase Authorized Shares

4) Ratify Appointment of

    Independent Auditors

MGMT

MGMT


MGMT


MGMT

FOR

FOR


FOR


FOR

FOR

FOR


FOR


FOR

Adobe Systems, Inc.

ADBE

00724F101

Special

08/24/2005

1) Approve Stock Issuance, Merger

    with Macromedia, Inc.

2) Solicit Proxies, Merger Agreement

MGMT


MGMT

FOR


FOR

FOR


FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Computer Associates Int’l, Inc.


CA


204812109


Annual


08/24/2005


1) For the Recommended Directors

2) Ratify Company’s Change in

    Control /Severance Policy

3) Ratify Appointment of

    Independent Registered Public

    Accountants

4) Amend 2002 Incentive Plan


MGMT

MGMT


MGMT



MGMT


FOR

FOR


FOR



FOR


FOR

FOR


FOR



FOR

Symantec Corp.

SYMC

871503108

Annual

09/16/2005

1) For the Recommended Directors

2) Ratify Selection of Independent

     Auditors

MGMT

MGMT

FOR

FOR

FOR

FOR

National Semiconductor Corp.


NSM


637640103


Annual


09/30/2005


1) For the Recommended Directors

2) Approve Company Auditors

3) Approve Amended/Restated

   Director Stock Plan


MGMT

MGMT

MGMT


FOR

FOR

FOR


FOR

FOR

FOR

Oracle Corp.

ORCL

68389X105

Annual

10/10/2005

1) For the Recommended Directors

2) Adopt 2006 Executive Bonus Plan

3) Ratify Selection of Independent

    Registered Public Accounting

    Firm

MGMT

MGMT

MGMT

FOR

FOR

FOR

FOR

FOR

FOR

Check Point Software

Technologies Ltd.


CHKP


M22465104


Annual


09/27/2005


1) For the Recommended Directors

2) Ratify Appointment/Compensation

    of Independent Public Accountants

3) Ratify New Equity Incentive Plans

4) Approve Extension of 1996

     Employee Stock Purchase Plan

5) Amend Articles of Association,

     Insurance, Indemnification,

     Exculpation

6) Approve Amendments to Director

     Indemnification Agreements

7) Amend Articles of Association,

     Distribution of Annual Financial

     Statements

8) Approve Executive Officer

    Compensation who are also Board

     Members

9) Approve Cash Compensation to

     Non Employee Board Members

10) Personal Interest – Item 5

11) Personal Interest – Item 6

12) Personal Interest – Item 8


MGMT

MGMT


MGMT

MGMT


MGMT



MGMT


MGMT



MGMT


MGMT


MGMT

MGMT

MGMT


FOR

FOR


FOR

FOR


FOR



FOR


FOR



FOR


FOR


AGAINST

AGAINST

AGAINST


FOR

FOR


FOR

FOR


FOR



FOR


FOR



FOR


FOR


NONE

NONE

NONE

Cisco Systems, Inc.

CSCO

17275R102

Annual

11/15/2005

1) For the Recommended Directors

2) Adopt 2005 Stock Incentive Plan

3) Ratify Appointment of Independent

    Registered Public Accountants

4) Equity Compensation Grants,

    Vesting Based on Performance

5) Review of Executive Compensation

     Policies, due 01/01/2006

6) Report on Development and

     Implementation of Corporate

     Human Rights Policy

MGMT

MGMT

MGMT


SHDLR


SHDLR


SHLDR

FOR

FOR

FOR


FOR


AGAINST


AGAINST

FOR

FOR

FOR


AGAINST


AGAINST


AGAINST




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Scientific-Atlanta, Inc.

SFA

808655104

Annual

11/03/2005

1) For the Recommended Directors

2) Ratify Appointment of Independent

     Registered Public Accountants

3) Approve Senior Officer Annual

     Incentive Plan

4) Adopt 2005 Equity Plan for Non

    Employee Directors

MGMT

MGMT


MGMT


MGMT

FOR

FOR


FOR


FOR

FOR

FOR


FOR


FOR

Microsoft Corp.

MSFT

594918104

Annual

11/09/2005

1) For the Recommended Directors

2) Ratify Selection of Independent

    Auditors

MGMT

MGMT

FOR

FOR

FOR

FOR

Maxim Integrated Products, Inc.


MXIM


57772K101


Annual


11/10/2005


1) For the Recommended Directors

2) Approve Amended/Restated 1996

     Stock Incentive Plan

3) Approve Amended 1987 Employee

    Stock Participation Plan

4) Ratify Retention of Independent

    Registered Public Accounting Firm


MGMT

MGMT


MGMT


MGMT


FOR

FOR


FOR


FOR


FOR

FOR


FOR


FOR

Qualcomm, Inc.

QCOM

747525103

Annual

03/07/2006

1) For the Recommended Directors

2) Amend Certificate of Incorporation,

    Eliminate Classified Board,

    Cumulative Voting

3) Approve 2006 Long-Term

    Incentive Plan

4) Ratify Selection of Independent

    Registered Public Accounting Firm

5) Approve Solicitation of Additional

    Proxies, if Required

MGMT

MGMT



MGMT


MGMT


MGMT

FOR

FOR



FOR


FOR


FOR

FOR

FOR



FOR


FOR


FOR

Hewlett-Packard Co.

HPQ

428236103

Annual

03/15/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

3) Approve 2005 Pay-For-Results Plan

4) Director Election by Majority Vote

5) Recoup Unearned Management

    Bonuses

MGMT

MGMT


MGMT

SHDLR

SHDLR

FOR

FOR


FOR

AGAINST

AGAINST

FOR

FOR


FOR

AGAINST

AGAINST

Applied Materials, Inc.

AMAT

038222105

Annual

03/22/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR

Corning, Inc.

GLW

219350105

Annual

04/27/2006

1) For the Recommended Directors

2) Approve Amendment to 2002

    Worldwide Employee Share

    Purchase Plan

3) Adopt 2006 Variable Compensation

     Plan

4) Approve Amendment of the 2003

     Equity Plan for Non-Employee

     Directors

5) Ratify Appointment of Independent

    Auditors

6) Election of Each Director Annually

MGMT

MGMT



MGMT


MGMT



MGMT


SHDLR

FOR

FOR



FOR


FOR



FOR


FOR

FOR

FOR



FOR


FOR



FOR


AGAINST




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Motorola, Inc.

MOT

620076109

Annual

05/01/2006

1A) Election of Director – E. Zander

1B) Election of Director – H.L. Fuller

1C) Election of Director – J. Lewent

1D) Election of Director – T. Meredith

1E) Election of Director –

       N. Negroponte

1F) Election of Director – I. Nooyi

1G) Election of Director – S. Scott III

1H) Election of Director – R. Sommer

1I) Election of Director – J. Stengel

1J) Election of Director –

      D. Warner III

1K) Election of Director – J. White

1L) Election of Director – M. White

2) Adopt 2006 Omnibus Incentive Plan

3) Redeem or Vote Poison Pill

MGMT

MGMT

MGMT

MGMT

MGMT


MGMT

MGMT

MGMT

MGMT

MGMT


MGMT

MGMT

MGMT

SHDLR

FOR

FOR

FOR

FOR

FOR


FOR

FOR

FOR

FOR

FOR


FOR

FOR

FOR

AGAINST

FOR

FOR

FOR

FOR

FOR


FOR

FOR

FOR

FOR

FOR


FOR

FOR

FOR

AGAINST

Texas Instruments, Inc.

TXN

882508104

Annual

04/20/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

     Registered Public Accountants

MGMT

MGMT

FOR

FOR

FOR

FOR

EMC CORP.

EMC

268648102

Annual

05/04/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

     Auditors

3) Election of Directors by Majority

    Vote

4) Pay for Superior Performance

5) Annual Elections for Directors

6) Audit Committee

MGMT

MGMT


SHDLR


SHDLR

SHLDR

SHDLR

FOR

FOR


AGAINST


AGAINST

AGAINST

AGAINST

FOR

FOR


AGAINST


AGAINST

AGAINST

AGAINST

Broadcom Corp.

BRCM

111320107

Annual

04/27/2006

1) For the Recommended Directors

2) Approve Amended/Restated

    Articles of Incorporation, Increase

    Authorized Shares

3) Amend Company By-Laws,

    Increase Number of Authorized

    Directors

4) Approve Amendment to 1986 Stock

    Incentive Plan

5) Ratify Appointment of Independent

     Registered Public Accounting Firm

MGMT

MGMT



MGMT



MGMT


MGMT

FOR

FOR



FOR



FOR


FOR

FOR

FOR



FOR



FOR


FOR

Electronic Data Systems Corp.


EDS


285661104


Annual


04/18/2006


1) For the Recommended Directors

2) Ratify Appointment of Auditors

3) Elect Directors by Majority Vote

4) Independent Board Chairman


MGMT

MGMT

SHDLR

SHDLR


FOR

FOR

AGAINST

AGAINST


FOR

FOR

AGAINST

AGAINST

Intersil Corp.

ISIL

46069S109

Annual

05/10/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

    Registered Certified Public

    Accountants

3) Amend 1999 Equity Compensation

    Plan, Increase Authorized Shares

MGMT

MGMT



MGMT

FOR

FOR



FOR

FOR

FOR



FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Advanced Micro Devices, Inc.


AMD


007903107


Annual


05/05/2006


1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

3) Approve Amendments to 2004

    Equity Incentive Plan

4) Approve Amendment to 2000

    Employee Stock Purchase Plan

5) Approve 2006 Executive Incentive

     Plan


MGMT

MGMT


MGMT


MGMT


MGMT


FOR

FOR


FOR


FOR


FOR


FOR

FOR


FOR


FOR


FOR

Google, Inc.

GOOG

38259P508

Annual

05/11/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

     Auditors

3) Approve Amendment to 2004 Stock

     Plan

4) Adopt Recapitalization Plan, One

    Vote per Share for all Outstanding

    Capital Stock

MGMT

MGMT


MGMT


SHDLR

FOR

FOR


FOR


FOR

FOR

FOR


FOR


AGAINST

Yahoo! Inc.

YHOO

984332106

Annual

05/25/2006

1) For the Recommended Directors

2) Amend 1996 Director’s Stock

    Option Plan

3) Ratify Appointment of Independent

     Registered Public Accounting Firm

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Marvell Technology Group Ltd.


MRVL


G5876H105


Annual


06/09/2006


1) For the Recommended Directors

2) Ratify Appointment of Independent

     Registered Public Accounting Firm

3) Approve Increase in Authorized

     Share Capital

4) Amend By-Laws, Indemnification

    of Officers and Directors


MGMT

MGMT


MGMT


MGMT


FOR

FOR


FOR


FOR


FOR

FOR


FOR


FOR

NVIDIA Corp.

NVDA

67066G104

Annual

06/22/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

     Registered Public Accounting Firm

MGMT


MGMT

FOR


FOR

FOR


FOR

BEA Systems, Inc.

BEAS

073325102

Annual

07/19/2006

1) For the Recommended Directors

2) Adopt 2006 Stock Incentive Plan

3) Approve Senior Executive Bonus

    Plan

4) Ratify Appointment of Independent

    Registered Public Accounting Firm

5) Stockholder Proposal Protocol

6) Repeal of Classified BOD

MGMT

MGMT

MGMT


MGMT


SHDLR

SHDLR

FOR

FOR

FOR


FOR


AGAINST

AGAINST

FOR

FOR

FOR


FOR


AGAINST

AGAINST

                                    



 

MONETTA TRUST – MID-CAP EQUITY


NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Computer Sciences Corp.

CSC

205363104

Annual

08/01/2005

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditors

MGMT

MGMT

FOR

FOR

FOR

FOR

IVAX Corp.

IVX

465823102

Annual

08/03/2005

1) For the Recommended Directors

MGMT

FOR

FOR

Federal Home Loan Mortgage Corp.


FRE


313400301


Annual


07/15/2005


1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditors


MGMT

MGMT


FOR

FOR


FOR

FOR

Network Appliance, Inc.

NTAP

64102L104

Annual

08/31/2005

1) For the Recommended Directors

2) Approve Amended 1999 Stock

    Incentive Plan

3) Approve Amendment to Employee

    Stock Purchase Plan

4) Ratify Appointment of Independent

    Auditors

MGMT

MGMT


MGMT


MGMT

FOR

FOR


FOR


FOR

FOR

FOR


FOR


FOR

Symantec Corp.

SYMC

871503108

Annual

09/16/2005

1) For the Recommended Directors

2) Ratify Selection of Independent

     Auditors

MGMT

MGMT

FOR

FOR

FOR

FOR

Activision, Inc.

ATVI

004930202

Annual

09/15/2005

1) For the Recommended Directors

2) Approve 2003 Incentive Plan

3) Approve Amendments to 2002

    Employee Stock Purchase Plan

4) Vote on Other Matters that May

     Properly Come Before the Board

MGMT

MGMT

MGMT


MGMT

FOR

FOR

FOR


FOR

FOR

FOR

FOR


FOR

Nike, Inc.

NKE

654106103

Annual

09/20/2005

1) For the Recommended Directors

2) Amend Articles of Incorporation,

    Increase Authorized Shares

3) Approve/Amend Executive

     Performance Sharing Plan

4) Amend 1990 Stock Incentive Plan

5) Ratify Appointment of Independent

    Registered Public Accounting Firm

MGMT

MGMT


MGMT


MGMT

MGMT

FOR

FOR


FOR


FOR

FOR

FOR

FOR


FOR


FOR

FOR

Del Monte Foods Co.

DLM

24522P103

Annual

09/29/2005

1) For the Recommended Directors

2) Approve Amended/Restated 2002

    Stock Incentive Plan

3) Ratify Appointment of Independent

     Registered Public Accounting Firm

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Electronics Boutique Holdings Corp.


ELBO


286045109


Annual


10/06/2005


1) For the Recommended Directors

2) Adopt Merger Agreement,

    Gamestop,  Inc.

3) Adopt GSC Holdings Corp. 2005

    Incentive Plan

4) Ratify Appointment of Registered

     Public Accountants


MGMT

MGMT


MGMT


MGMT


FOR

FOR


FOR


FOR


FOR

FOR


FOR


FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Harman Int’l Industries, Inc.


HAR


413086109


Annual


11/02/2005


1) For the Recommended Directors


MGMT


FOR


FOR

RPM Int’l, Inc.

RPM

749685103

Annual

10/07/2005

1) For the Recommended Directors

MGMT

FOR

FOR

Petrokazahkstan, Inc.

PKZ

71649P102

Special

10/18/2005

1) Approve Special Arrangement

MGMT

FOR

FOR

Harris Corp.

HRS

413875105

Annual

10/28/2005

1) For the Recommended Directors

2) Approve 2005 Equity Incentive

     Plan

3) Approve 2005 Annual Incentive

     Plan

4) Ratify Appointment of Independent

    Auditors

MGMT

MGMT


MGMT


MGMT

FOR

FOR


FOR


FOR

FOR

FOR


FOR


FOR

Barr Pharmaceuticals, Inc.


BRL


068306109


Annual


11/03/2005


1) For the Recommended Directors

2) Employee Stock Purchase Plan,

    Increase Authorized Shares

3) Ratify Selection of Independent

    Registered Public Accounting Firm

4) Elimination of Animal-Based Test

    Methods


MGMT

MGMT


MGMT


SHDLR


FOR

FOR


FOR


AGAINST


FOR

FOR


FOR


AGAINST

Shire Pharmaceutical Group PLC


SHPGY


82481R106


Special


10/28/2005


C1) Approve Scheme of Arrangement

E1) Approve Scheme of Arrangement

       and Other Related Matters

E2) Approve Part A, Portfolio Share

       Plan

E3) Approve Part B, Portfolio Share

       Plan

E4) Approve/Authorize Shire PLC

       Sharesave Scheme

E5) Approve Part A of Shire PLC

       Portfolio Share Plan

E6) Approve Part B of Shire PLC

       Portfolio Share Plan

E7) Approve Assumption of Shire

       PLC Employee Stock Purchase

       Plan


MGMT

MGMT


MGMT


MGMT


MGMT


MGMT


MGMT


MGMT


ABSTAIN

ABSTAIN


ABSTAIN


ABSTAIN


ABSTAIN


ABSTAIN


ABSTAIN


ABSTAIN


FOR

FOR


FOR


FOR


FOR


FOR


FOR


FOR

Coach, Inc.

COH

189754104

Annual

11/02/2005

1) For the Recommended Directors

2) Amend Performance-Based Annual

    Incentive Plan

MGMT

MGMT

FOR

FOR

FOR

FOR

The Reader’s Digest Association, Inc.


RDA


755267101


Annual


11/18/2005


1) For the Recommended Directors

2) Approve 2005 Employee Long

    Term Incentive Plan

3) Approve Eligibility Criteria for

    Awards, Senior Management

    Incentive Plan

4) Ratify Appointment of Independent

     Auditors


MGMT

MGMT


MGMT



MGMT


FOR

FOR


FOR



FOR


FOR

FOR


FOR



FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Actuant Corp.

ATU

00508X203

Annual

01/13/2006

1) For the Recommended Directors

2) Approve Amended 2001 Outside

     Directors’ Stock Plan

3) Approve Amendments to 2002

     Stock Plan

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Commercial Metals Co.

CMC

201723103

Annual

01/26/2006

1) For the Recommended Directors

2) Amend Certificate of Incorporation,

     Increase Authorized Shares

3) Amend Certificate of Incorporation,

    Decrease Par Value of Common

    Stock

4) Ratify Appointment of Independent

    Auditors

MGMT

MGMT


MGMT



MGMT

FOR

FOR


FOR



FOR

FOR

FOR


FOR



FOR

Jacobs Engineering Group, Inc.


JEC


469814107


Annual


01/26/2006


1) For the Recommended Directors

2) Approve Selection of Independent

    Registered Public Accounting Firm


MGMT

MGMT


FOR

FOR


FOR

FOR

The Shaw Group, Inc.

SGR

820280105

Annual

01/27/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditors

3) Amend 2001 Employee Incentive

    Compensation Plan, Increase

    Outstanding Shares

4) Approve 2005 Non-Employee

     Director Stock Incentive Plan

5) Authorize Proxies to Vote Upon

    Such Other Business as May

    Properly Come Before the Board

MGMT

MGMT


MGMT



MGMT


MGMT

FOR

FOR


FOR



FOR


FOR

FOR

FOR


FOR



FOR


FOR

Starbucks Corp.

SBUX

855244109

Annual

02/08/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

    Registered Public Accounting Firm

3) Amend Articles of Incorporation,

    Declassify Board and Establish

    Annual Elections

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

National Fuel Gas Co.

NFG

636180101

Annual

02/16/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting firm

3) Reduction of Non-Employee

    Director Compensation

MGMT

MGMT


SHDLR

FOR

FOR


AGAINST

FOR

FOR


AGAINST

Raymond James Financial, Inc.


RJF


754730109


Annual


02/16/2006


1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm


MGMT

MGMT


FOR

FOR


FOR

FOR

Florida Rock Industries, Inc.


RFK


341140101


Annual


02/01/2006


1) For the Recommended Directors

2) Approve Amended Mgmt Incentive

    Compensation Plan

3) Amend Articles of Incorporation,

    Increase Authorized Capital Stock


MGMT

MGMT


MGMT


FOR

FOR


FOR


FOR

FOR


FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Qualcomm, Inc.

QCOM

747525103

Annual

03/07/2006

1) For the Recommended Directors

2) Amend Certificate of Incorporation,

    Eliminate Classified Board,

    Cumulative Voting

3) Approve 2006 Long-Term Incentive

     Plan

4) Ratify Selection of Independent

    Registered Public Accounting Firm

5) Approve Solicitation of Additional

     Proxies, if Required

MGMT

MGMT



MGMT


MGMT


MGMT

FOR

FOR



FOR


FOR


FOR

FOR

FOR



FOR


FOR


FOR

F5 Networks, Inc.

FFIV

315616102

Annual

03/02/2006

1) For the Recommended Directors

MGMT

FOR

FOR

Celgene Corp.

CELG

151020104

Special

02/16/2006

1) Approve Amendment to Certificate

     of Incorporation, Increase

     Authorized Shares

MGMT

FOR

FOR

Polaris Industries, Inc.

PII

731068102

Annual

04/20/2006

1) For the Recommended Directors

2) Amend Employee Stock Purchase

     Plan

3) Other Business as May Properly

     Come Before the Meeting

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Millipore Corp.

MIL

601073109

Annual

04/26/2006

1) For the Recommended Directors

2) Adopt Amendments to 1999 Stock

    Incentive Plan

MGMT

MGMT

FOR

FOR

FOR

FOR

Itron, Inc.

ITRI

465741106

Annual

05/09/2006

1) For the Recommended Directors

2) Approve Amended/Restated 2000

     Stock Incentive Plan

MGMT

MGMT

FOR

FOR

FOR

FOR

Open Joint Stock Co. Vimpel-Communication


VIP


68370R109


Special


04/24/2006


1) Approve Amendments to the

    Corporate Charter


MGMT


FOR


FOR

The Lubrizol Corp.

LZ

549271104

Annual

04/24/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accountant

MGMT

MGMT

FOR

FOR

FOR

FOR

Ball Corp.

BLL

058498106

Annual

04/26/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditor

3) Declassify Board/Annual Director

    Elections

MGMT

MGMT


SHDLR

FOR

FOR


AGAINST

FOR

FOR


AGAINST

Fluor Corp.

FLR

343412102

Annual

05/03/2006

1) For the Recommended Directors

2) Ratify Appointment of Auditors

3) Performance Based Stock Options

MGMT

MGMT

SHDLR

FOR

FOR

AGAINST

FOR

FOR

AGAINST

SIRF Technology Holdings, Inc.


SIRF


82967H101


Annual


05/03/2006


1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm


MGMT

MGMT


FOR

FOR


FOR

FOR

Covance, Inc.

CVD

222816100

Annual

05/10/2006

1) For the Recommended Directors

MGMT

FOR

FOR

Agco Corp.

AG

001084102

Annual

04/27/2006

1) For the Recommended Directors

2) Approve 2006 Long-Term Incentive

    Plan

MGMT

MGMT

FOR

FOR

FOR

FOR

Encore Wire Corp.

WIRE

292562105

Annual

05/02/2006

1) For the Recommended Directors

2) Approve Amended 1999 Stock

    Option Plan

3) Ratify Appointment of Independent

    Auditors

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

NII Holdings, Inc.

NIHD

62913F201

Annual

04/26/2006

1) For the Recommended Directors

2) Approve Amended/Restated

     Certificate of Incorporation

3) Ratify Appointment of Independent

    Registered Public Accounting Firm

4) Approval of Adjournment

MGMT

MGMT


MGMT


MGMT

FOR

FOR


FOR


FOR

FOR

FOR


FOR


FOR

Noble Energy, Inc.

NBL

655044105

Annual

04/25/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditor

3) Separate Positions of

    Chairman/CEO

MGMT

MGMT


SHDLR

FOR

FOR


AGAINST

FOR

FOR


AGAINST

Marsh & McClennan Companies, Inc.


MMC


571748102


Annual


05/18/2006


1) For the Recommended Directors

2) Ratify Selection of Independent

     Registered Public Accounting Firm

3) Director Election Voting Standard

4) Political Contribution Disclosure


MGMT

MGMT


SHDLR

SHDLR


FOR

FOR


AGAINST

AGAINST


FOR

FOR


AGAINST

AGAINST

PerkinElmer, Inc.

PKI

714046109

Annual

04/25/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditors

3) Director Election by Majority Vote

MGMT

MGMT


SHDLR

FOR

FOR


AGAINST

FOR

FOR


AGAINST

Harrah’s Entertainment, Inc.


HET


413619107


Annual


04/25/2006


1) For the Recommended Directors

2) Approve Amended/Restated 2004

    Equity Incentive Plan

3) Ratify Appointment of Independent

     Registered Public Accounting Firm


MGMT

MGMT


MGMT


FOR

FOR


FOR


FOR

FOR


FOR

FirstEnergy Corp.

FE

337932107

Annual

05/16/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

3) Simple Majority Shareholder

     Voting

4) Shareholder Approval of Senior

    Executive Severance Agreements

MGMT

MGMT


SHDLR


SHDLR

FOR

FOR


FOR


FOR

FOR

FOR


AGAINST


AGAINST

Valero Energy Corp.

VLO

91913Y100

Annual

04/27/2006

1) For the Recommended Directors

2) Ratify Appointment of Auditors

MGMT

MGMT

FOR

FOR

FOR

FOR

aQuantive, Inc.

AQNT

03839G105

Annual

05/10/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

    Auditor

MGMT

MGMT

FOR

FOR

FOR

FOR

Walter Industries, Inc.

WLT

93317Q105

Annual

04/26/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Certified Public Accountants

3) Approve Executive Incentive Plan

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Cytyc Corp.

CYTC

232946103

Annual

05/02/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

    Registered Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR

Atheros Communications, Inc.


ATHR


04743P108


Annual


05/24/2006


1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm


MGMT

MGMT


FOR

FOR


FOR

FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Thermo Electron Corp.

TMO

883556102

Annual

05/24/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

    Auditors

3) Vote Standard for Director Elections

MGMT

MGMT


SHDLR

FOR

FOR


AGAINST

FOR

FOR


AGAINST

Select Comfort Corp.

SCSS

81616X103

Annual

05/09/2006

1) For the Recommended Directors

2) Approve Material Terms of

    Performance Goals under Executive

    and Key Employee Incentive Plan

3) Approve Non-Employee Director

     Equity Plan

4) Ratify Appointment of Independent

     Auditors

MGMT

MGMT



MGMT


MGMT

FOR

FOR



FOR


FOR

FOR

FOR



FOR


FOR

Quest Diagnostics, Inc.

DGX

74834L100

Annual

05/04/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

    Registered Public Accounting Firm

3) Amend Charter, Increase

    Authorized Shares

4) Amend Employee Stock Purchase

     Plan

MGMT

MGMT


MGMT


MGMT

FOR

FOR


FOR


FOR

FOR

FOR


FOR


FOR

Diamond Offshore Drilling, Inc.


DO


25271C102


Annual


05/23/2006


1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditors


MGMT

MGMT


FOR

FOR


FOR

FOR

Boyd Gaming Corp.

BYD

103304101

Annual

05/18/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

3) Amend/Restate 2000 Executive

    Management Incentive Plan

4) Amend/Restate Articles of

    Incorporation, Declassify Board of

    Directors/Annual Director Elections

MGMT

MGMT


MGMT


MGMT

FOR

FOR


FOR


FOR

FOR

FOR


FOR


FOR

Celanese Corp.

CE

150870103

Annual

05/02/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR

The Manitowoc Co., Inc.


MTW


563571108


Annual


05/02/2006


1) For the Recommended Directors

2) Ratify Appointment of Registered

     Public Accountants


MGMT

MGMT


FOR

FOR


FOR

FOR

Landstar  Systems, Inc.

LSTR

515098101

Annual

05/04/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

3) Amend Executive Incentive

    Compensation Plan

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Wabtec Corp.

WAB

929740108

Annual

05/17/2006

1) For the Recommended Directors

2) Approve Amended/Restated Stock

    Incentive Plan

3) Approve Amended/Restated

    Director Plan

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

XTO Energy, Inc.

XTO

98385X106

Annual

05/16/2006

1) For the Recommended Directors

2) Amend Certificate of Incorporation,

    Increase Authorized Shares

3) Approve Amended/Restated 2004

     Stock Incentive Plan

4) Ratify Appointment of Independent

    Auditor

MGMT

MGMT


MGMT


MGMT

FOR

FOR


FOR


FOR

FOR

FOR


FOR


FOR

Commerce Bancorp, Inc.

CBH

200519106

Annual

05/16/2006

1) For the Recommended Directors

2) Ratify Appointment Of Independent

    Registered Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR

Wesco Int’l, Inc.

WCC

95082P105

Annual

05/17/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

    Registered Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR

Medimmune, Inc.

MEDI

584699102

Annual

05/25/2006

1) For the Recommended Directors

2) Amend 2003 Non-Employee

    Directors Stock Option Plan

3) Ratify Appointment of Independent

    Registered Public Accounting Firm

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Davita, Inc.

DVA

23918K108

Annual

05/15/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR

Qwest Communications Int’l, Inc.


Q


749121109


Annual


05/24/2006


1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditor

3) Approve Amended/Restated Equity

    Incentive Plan

4) Compensation Policy, Recovery of

    Certain Executive Compensation

     Based on Restated Financial

     Results

5) Shareholder Approval of Certain

     Executive Retirement/Pension

     Benefits

6) Elect Directors by Majority Vote

7) Separate Roles of Board

     Chairman and CEO


MGMT

MGMT


MGMT


SHDLR




SHDLR


SHDLR

SHDLR


FOR

FOR


FOR


FOR




AGAINST


AGAINST

AGAINST


FOR

FOR


FOR


AGAINST




AGAINST


AGAINST

AGAINST

Nuvelo, Inc.

NUVO

67072M301

Annual

05/24/2006

1) For the Recommended Directors

2) Amend 2004 Equity Incentive Plan,

    Increase Authorized Shares

3) Ratify Selection of Independent

     Registered Public Accounting Firm

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Hexcel Corp.

HXL

428291108

Annual

05/11/2006

1) For the Recommended Directors

2) Selection of Independent Registered

     Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Intuitive Surgical, Inc.

ISRG

46120E602

Annual

05/19/2006

1) For the Recommended Directors

MGMT

FOR

FOR

Martin Marietta Materials, Inc.


MLM


573284106


Annual


05/23/2006


1) For the Recommended Directors

2) Approve Amendments to Stock

     Based Award Plan

3) Ratify Selection of Independent

    Auditors


MGMT

MGMT


MGMT


FOR

FOR


FOR


FOR

FOR


FOR

Holly Corp.

HOC

435758305

Annual

05/11/2006

1) For the Recommended Directors

2) Amend Restated Certificate of

    Incorporation, Increase Authorized

    Shares

MGMT

MGMT

FOR

FOR

FOR

FOR

E*Trade Financial Corp.

ET

269246104

Annual

05/25/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

     Public Accountants

MGMT

MGMT

FOR

FOR

FOR

FOR

Psychiatric Solutions, Inc.


PSYS


74439H108


Annual


05/16/2006


1) For the Recommended Directors

2) Approve Executive Performance

     Incentive Plan

3) Amend Equity Incentive Plan

4) Ratify Appointment of Independent

    Registered Public Accounting Firm


MGMT

MGMT


MGMT

MGMT


FOR

FOR


FOR

FOR


FOR

FOR


FOR

FOR

Evergreen Solar, Inc.

ESLR

30033R108

Annual

06/08/2006

1) Ratify Appointment of Independent

    Registered Public Accounting Firm

MGMT

FOR

FOR

Pharmaceutical Product Development, Inc.


PPDI


717124101


Annual


05/17/2006


1) For the Recommended Directors

2) Amend Employee Stock Purchase

     Plan, Increase Authorized Shares

3) Authorize Proxies to Vote Upon

    Other  Such Matters as May

     Properly Come Before the Meeting


MGMT

MGMT


MGMT


FOR

FOR


FOR


FOR

FOR


FOR

Digital River, Inc.

DRIV

25388B104

Annual

05/31/2006

1) For the Recommended Directors

2) Amend Restated Certificate of

    Incorporation, Increase Authorized

    Shares

3) Ratify Selection of Independent

     Auditors

MGMT

MGMT



MGMT

FOR

FOR



FOR

FOR

FOR



FOR

Station Casinos, Inc.

STN

857689103

Annual

05/24/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

     Auditors

3) Redeem Company’s Rights

    Agreement

MGMT

MGMT


SHDLR

FOR

FOR


AGAINST

FOR

FOR


AGAINST

Quanta Services, Inc.

PWR

74762E102

Annual

05/24/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Saks, Inc.

SKS

79377W108

Annual

06/07/2006

1) For the Recommended Directors

2) Ratify Appointment of Registered

     Independent Public Accounting

     Firm

3) Cumulative Voting for the Election

     of Directors

MGMT

MGMT



SHDLR

FOR

FOR



AGAINST

FOR

FOR



AGAINST

Monster Worldwide, Inc.

MNST

611742107

Annual

06/07/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

3) Board Diversity

MGMT

MGMT


SHDLR

FOR

FOR


FOR

FOR

FOR


AGAINST

Valueclick, Inc.

VCLK

92046N102

Annual

06/02/2006

1) For the Recommended Directors

MGMT

FOR

FOR

Cognizant Technology Solutions Corp.


CTSH


192446102


Annual


06/13/2006


1) For the Recommended Directors

2) Amend/Restate 1999 Incentive

    Compensation Plan

3) Amend Restated Certificate of

    Incorporation, Increase Authorized

    Shares

4) Ratify Appointment of Independent

    Registered Public Accounting Firm


MGMT

MGMT


MGMT



MGMT


FOR

FOR


FOR



FOR


FOR

FOR


FOR



FOR

Shire Pharmaceutical Group PLC


SHPGY


82481R106


Annual


06/21/2006


O2) For the Recommended Directors

O1) Receive/Consider Director’s

       Report and Accounts

O11) Reappoint Auditors

O12) Authorize Audit Committee to

         Determine Auditor Remuneration

O13) Approve Directors’

          Remuneration

O14) Authorize Allotment of Shares

O15) Authorize Disapplication of Pre

         Emption Rights

S16) Authorize Market Purchases

S17) Authorize Donations to EU

         Political Organizations


MGMT

MGMT


MGMT

MGMT


MGMT


MGMT

MGMT


MGMT

MGMT


FOR

FOR


FOR

FOR


FOR


FOR

FOR


FOR

FOR


FOR

FOR


FOR

FOR


FOR


FOR

FOR


FOR

FOR

Celgene Corp.

CELG

151020104

Annual

06/14/2006

1) For the Recommended Directors

2) Amend 1988 Stock Incentive Plan

3) Ratify Appointment of Independent

    Registered Public Accounting Firm

MGMT

MGMT

MGMT

FOR

FOR

FOR

FOR

FOR

FOR

Central European Media Enterprises Ltd.


CETV


G20045202


Annual


06/07/2006


1) For the Recommended Directors

2) Adopt F/S and Auditor’s Report,

    12/31/2005

3) Appoint Independent Registered

     Public Accounting Firm


MGMT

MGMT


MGMT


FOR

FOR


FOR


FOR

FOR


FOR

Actuant Corp.

ATU

00508X203

Special

07/07/2006

1) Amend Restated Articles of

     Incorporation

2) Approve Long-Term Incentive Plan

MGMT


MGMT

FOR


FOR

FOR


FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Vimpel-Communications

VIP

68370R109

Annual

06/23/2006

1) Approve 2005 Annual Report

2) Approve 2005 Accounting

     Statements

3) Approve Dividend to Preferred A

     Shareholders

4) For the Recommended Directors

5) For the Recommended Audit

    Commission Members

6) Approve Auditors fro 2006

7 Approve Director Compensation

8) Approve Audit Commissioner

    Compensation

MGMT

MGMT


MGMT


MGMT

MGMT


MGMT

MGMT

MGMT

ABSTAIN

ABSTAIN


ABSTAIN


FOR

FOR


FOR

AGAINST

ABSTAIN

NONE

NONE


NONE


NONE

NONE


NONE

NONE

NONE

BEA Systems, Inc.

BEAS

073325102

Annual

07/19/2006

1) For the Recommended Directors

2) Adopt 2006 Stock Incentive Plan

3) Approve Senior Executive Bonus

     Plan

4) Ratify Appointment of Independent

    Registered Public Accounting Firm

5) Stockholder Proposal Protocol

6) Repeal of Classified BOD

MGMT

MGMT

MGMT


MGMT


SHDLR

SHDLR

FOR

FOR

FOR


FOR


AGAINST

AGAINST

FOR

FOR

FOR


FOR


AGAINST

AGAINST





MONETTA TRUST – BLUE CHIP


There is no proxy voting activity for the fund during the reporting period.  The Blue Chip Fund was liquidated on July 29, 2006.






MONETTA TRUST – BALANCED


NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Unocal Corp.

UCL

915289102

Special

08/10/2005

1) Approve Merger Agreement,

    Chevron Corp.

2) Solicit Proxies, Merger Agreement

MGMT

MGMT

FOR

FOR

FOR

FOR

Fedex Corp.

FDX

31428X106

Annual

09/26/2005

1) For the Recommended Directors

2) Approve Amendment to Stock

    Incentive Plan, Increase Authorized

    Shares

3) Ratify Selection of Independent

    Registered Public Accounting Firm

4) Simple Majority Voting

5) Political Contributions Report

6) Majority Voting for Director

    Elections

MGMT

MGMT



MGMT


SHDLR

SHDLR

SHDLR

FOR

FOR



FOR


AGAINST

AGAINST

AGAINST

FOR

FOR



FOR


AGAINST

AGAINST

AGAINST

Echostar Communications Corp.


DISH


278762109


Annual


10/06/2005


1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditors

3) Amend/Restate 1999 Stock

    Incentive Plan

4) Amend/Restate 2001 Non-

    Employee Directors’ Stock Option

    Plan

5) Amend Corporation’s Equal

     Opportunity Policy

6) Transact Such Other Business as

    May Properly Come Before the

    Board


MGMT

MGMT


MGMT


MGMT



SHDLR


MGMT


FOR

FOR


FOR


FOR



AGAINST


FOR


FOR

FOR


FOR


FOR



AGAINST


FOR

Archer-Daniels-

Midland Co.


ADM


039483102


Annual


11/03/2005


1) For the Recommended Directors

2) Report of Impact of Genetically

     Engineered Food


MGMT

SHDLR


FOR

AGAINST


FOR

AGAINST

Cardinal Health, Inc.

CAH

14149Y108

Annual

11/02/2005

1) For the Recommended Directors

2) Adopt 2005 Long-Term Incentive

     Plan

3) Adopt Amendments, Provide for

    Annual Election of Directors

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR

Microsoft Corp.

MSFT

594918104

Annual

11/09/2005

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Auditors

MGMT

MGMT

FOR

FOR

FOR

FOR

Qualcomm, Inc.

QCOM

747525103

Annual

03/07/2006

1) For the Recommended Directors

2) Amend Certificate of Incorporation,

     Eliminate Classified Board,

    Cumulative Voting

3) Approve 2006 Long-Term

    Incentive  Plan

4) Ratify Selection of Independent

    Registered Public Accounting Firm

5) Approve Solicitation of Additional

     Proxies, if Required

MGMT

MGMT



MGMT


MGMT


MGMT

FOR

FOR



FOR


FOR


FOR

FOR

FOR



FOR


FOR


FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Hewlett-Packard Co.

HPQ

428236103

Annual

03/15/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

3) Approve 2005 Pay-For-Results Plan

4) Director Election by Majority Vote

5) Recoup Unearned Management

     Bonuses

MGMT

MGMT


MGMT

SHDLR

SHDLR

FOR

FOR


FOR

AGAINST

AGAINST

FOR

FOR


FOR

AGAINST

AGAINST

Duke Energy Corp.

DUK

264399106

Special

03/10/2006

1) Approve Agreement/Plan of Merger

MGMT

FOR

FOR

The Walt Disney Co.

DIS

254687106

Annual

03/10/2006

1) For the Recommended Directors

2) Ratify Appointment of Registered

     Public Accountants

3) Shareholder Proposal Relating to

     Greenmail

4) Shareholder Proposal Relating to

     China Labor Standards

MGMT

MGMT


SHDLR


SHDLR

FOR

FOR


AGAINST


AGAINST

FOR

FOR


AGAINST


AGAINST

Wachovia Corp.

WB

929903102

Annual

04/18/2006

1) For the Recommended Directors

2) Ratify Appointment of Auditors

3) Future Severance Agreements

4) Reporting of Political Contributions

5) Separate Office of Chairman/CEO

6) Majority Voting in Director

    Elections

MGMT

MGMT

SHDLR

SHDLR

SHDLR

SHDLR

FOR

FOR

FOR

AGAINST

AGAINST

AGAINST

FOR

FOR

AGAINST

AGAINST

AGAINST

AGAINST

General Electric Co.

GE

369604103

Annual

04/26/2006

A) For the Recommended Directors

B) Ratify Selection of Independent

     Auditor

1) Cumulative Voting

2) Curb Over-Extended Directors

3) One Director from Ranks of

    Retirees

4) Independent Board Chairman

5) Director Election Majority Vote

    Standard

6) Report on Global Warming Science

MGMT

MGMT


SHDLR

SHDLR

SHDLR


SHDLR

SHDLR


SHDLR

FOR

FOR


AGAINST

FOR

AGAINST


AGAINST

AGAINST


AGAINST

FOR

FOR


AGAINST

AGAINST

AGAINST


AGAINST

AGAINST


AGAINST

Motorola, Inc.

MOT

620076109

Annual

05/01/2006

1A) Election of Director – E. Zander

1B) Election of Director – H.L. Fuller

1C) Election of Director – J. Lewent

1D) Election of Director – T. Meredith

1E) Election of Director –

       N. Negroponte

1F) Election of Director – I. Nooyi

1G) Election of Director – S. Scott III

1H) Election of Director – R. Sommer

1I) Election of Director – J. Stengel

1J) Election of Director –

      D. Warner III

1K) Election of Director – J. White

1L) Election of Director – M. White

2) Adopt 2006 Omnibus Incentive Plan

3) Redeem or Vote Poison Pill

MGMT

MGMT

MGMT

MGMT


MGMT

MGMT

MGMT

MGMT

MGMT


MGMT

MGMT

MGMT

MGMT

SHDLR

FOR

FOR

FOR

FOR


FOR

FOR

FOR

FOR

FOR


FOR

FOR

FOR

FOR

AGAINST

FOR

FOR

FOR

FOR


FOR

FOR

FOR

FOR

FOR


FOR

FOR

FOR

FOR

AGAINST

Sprint Nextel Corp.

S

852061100

Annual

04/18/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

     Registered Public Accounting Firm

3) Majority Voting

4) Cumulative Voting

MGMT

MGMT


SHDLR

SHDLR

FOR

FOR


AGAINST

AGAINST

FOR

FOR


AGAINST

AGAINST




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Citigroup. Inc.

C

172967101

Annual

04/18/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

     Registered Public Accountant

3) Amend Restated Certificate of

     Incorporation, Article Four

4) Amend Restated Certificate of

     Incorporation, Article Eight

5) Amend Restated Certificate of  

     Incorporation, Article Nine

6) No Future New Stock Options

    Grants,  Renewal or Repricing of

     Current Stock Options

7) Report on Political Contributions

8) Report on Charitable Contributions

9) Adopt Policy / Performance-Based

     Equity Compensation for Senior

     Executives

10) Reimbursement of Expenses

      Incurred by a Stockholder in a

      Contested Director Election

11) CEO Have No Management

      Duties,  Titles or Responsibilities

12) Recoup Management Bonuses in

       the Event of Earnings Restatement

MGMT

MGMT


MGMT


MGMT


MGMT


SHDLR



SHDLR

SHDLR

SHDLR



SHDLR


SHDLR


SHDLR

FOR

FOR


FOR


FOR


FOR


AGAINST



AGAINST

AGAINST

AGAINST



AGAINST


AGAINST


AGAINST

FOR

FOR


FOR


FOR


FOR


AGAINST



AGAINST

AGAINST

AGAINST



AGAINST


AGAINST


AGAINST

Baker Hughes, Inc.

BHI

057224107

Annual

04/27/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

     Auditor

3) Approve Performance Criteria for

     Awards under the Annual Incentive

     Compensation Plan

4) Voting under the Company’s

     Delaware Charter

MGMT

MGMT


MGMT



SHDLR

FOR

FOR


FOR



AGAINST

FOR

FOR


FOR



AGAINST

Texas Instruments, Inc.

TXN

882508104

Annual

04/20/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

     Registered Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR

Johnson & Johnson

JNJ

478160104

Annual

04/27/2006

1) For the Recommended Directors

2) Approve Amendment to Restated

     Certificate of Incorporation

3) Ratify Appointment of Independent

    Registered Public Accounting Firm

4) Charitable Contributions

5) Majority Voting Requirements for

    Director Nominees

MGMT

MGMT


MGMT


SHDLR

SHDLR

FOR

FOR


FOR


AGAINST

AGAINST

FOR

FOR


FOR


AGAINST

AGAINST

The Chubb Corp.

CB

171232101

Annual

04/25/2006

1) For the Recommended Directors

2) Adopt 2006 Incentive

    Compensation Plan

3) Ratify Appointment of Independent

    Auditor

4) Directors Elections

5) Political Contributions

MGMT

MGMT


MGMT


SHDLR

SHDLR

FOR

FOR


FOR


AGAINST

AGAINST

FOR

FOR


FOR


AGAINST

AGAINST




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Altria Group, Inc.

MO

02209S103

Annual

04/27/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

    Auditor

3) Independent Board Chairman

4) Commitment to Global Human

     Rights Standards

5) Address Health Hazards for African

     Americans Associated with

     Smoking Menthol Cigarettes

6) Extend New York Fire-Safe

     Products Globally

7) Adoption of Animal Welfare Policy

8) Request Support for Laws at all

    Levels Combating Use of Tobacco

9) Facilitate Medical Efforts to

    Dissuade Second Hand Smoke

MGMT

MGMT


SHDLR

SHDLR


SHDLR



SHDLR


SHDLR

SHDLR


SHDLR

FOR

FOR


AGAINST

AGAINST


AGAINST



AGAINST


AGAINST

AGAINST


AGAINST

FOR

FOR


AGAINST

AGAINST


AGAINST



AGAINST


AGAINST

AGAINST


AGAINST

Safeco Corp.

SAFC

786429100

Annual

05/03/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

    Registered Public Accounting Firm

MGMT

MGMT

FOR

FOR

FOR

FOR

Electronic Data Systems Corp.


EDS


285661104


Annual


04/18/2006


1) For the Recommended Directors

2) Ratify Appointment of Auditors

3) Elect Directors by Majority Vote

4) Independent Board Chairman


MGMT

MGMT

SHDLR

SHDLR


FOR

FOR

AGAINST

AGAINST


FOR

FOR

AGAINST

AGAINST

Harrah’s Entertainment, Inc.


HET


413619107


Annual


04/25/2006


1) For the Recommended Directors

2) Approve Amended/Restated 2004

     Equity Incentive Plan

3) Ratify Appointment of Independent

     Registered Public Accounting Firm


MGMT

MGMT


MGMT


FOR

FOR


FOR


FOR

FOR


FOR

JP Morgan Chase & Co.

JPM

46625H100

Annual

05/16/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

     Registered Public Accounting Firm

3) Stock Options

4) Performance-Based Restricted

     Stock

5) Separate Chairman

6) Sexual Orientation

7) Special Shareholder Meeting

8) Lobbying Priorities Report

9) Political Contributions Report

10) Poison Pill

11) Cumulative Voting

12) Bonus Recoupment

13) Overcommitted Directors

MGMT

MGMT


SHDLR

SHDLR


SHDLR

SHDLR

SHDLR

SHDLR

SHDLR

SHDLR

SHDLR

SHDLR

SHDLR

FOR

FOR


AGAINST

AGAINST


AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

FOR

FOR


AGAINST

AGAINST


AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

Valero Energy Corp.

VLO

91913Y100

Annual

04/27/2006

1) For the Recommended Directors

2) Ratify Appointment of Auditors

MGMT

MGMT

FOR

FOR

FOR

FOR

Smith Int’l, Inc.

SII

832110100

Annual

04/25/2006

1) For the Recommended Directors

2) Approve Executive Officer Annual

    Compensation Plan

3) Ratify Appointment of Independent

     Registered Public Accounting Firm

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Gilead Sciences, Inc.

GILD

375558103

Annual

05/10/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

     Registered Public Accounting Firm

3) Amend 2004 Equity Incentive Plan

4) Approve Code Section 162(M)

     Bonus Plan/Performance Provisions

5) Approve Amended/Restated

     Certificate of Incorporation,

     Increase Authorized Shares

6) Report on HIV/AIDS, Tuberculosis

    and Malaria Pandemic

MGMT


MGMT

MGMT

MGMT


MGMT



SHDLR

FOR


FOR

FOR

FOR


FOR



AGAINST

FOR


FOR

FOR

FOR


FOR



AGAINST

Int’l Paper Co.

IP

460146103

Annual

05/08/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

     Registered Public Accounting Firm

3) Majority Voting for Directors

4) Sustainability Forestry

5) Annual Election of Directors

MGMT

MGMT


SHDLR

SHDLR

SHDLR

FOR

FOR


AGAINST

AGAINST

AGAINST

FOR

FOR


AGAINST

AGAINST

AGAINST

Union Pacific Corp.

UNP

907818108

Annual

05/04/2006

1) For the Recommended Directors

2) Appointment of Independent

     Registered Public Accounting Firm

3) Majority Voting

4) Political Contributions

5) Independent Chairman

MGMT

MGMT


SHDLR

SHDLR

SHDLR

FOR

FOR


AGAINST

AGAINST

AGAINSY

FOR

FOR


AGAINST

AGAINST

AGAINST

TXU Corp.

TXU

873168108

Annual

05/19/2006

1) For the Recommended Directors

2) Approve Auditors

3) Approve Amended/Restated

     ByLaws

4) Approve Restated Certificate of

     Formation

5) Election of Directors by Majority

     Vote

MGMT

MGMT

MGMT


MGMT


SHDLR

FOR

FOR

FOR


FOR


AGAINST

FOR

FOR

FOR


FOR


AGAINST

Wellpoint, Inc.

WLP

94973V107

Annual

05/16/2006

1) For the Recommended Directors

2) Approve 2006 Incentive

    Compensation  Plan

3) Ratify Appointment of Independent

     Registered Public Accounting Firm

MGMT

MGMT


MGMT

FOR

FOR


FOR

FOR

FOR


FOR




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Phelps Dodge Corp.

PD

717265102

Annual

05/26/2006

1) For the Recommended Directors

2) Approve 2007 Stock Unit Plan

3) Ratify Appointment of Independent

     Accountants

MGMT

MGMT

MGMT

FOR

FOR

FOR

FOR

FOR

FOR

American Int’l Group, Inc.


AIG


026874107


Annual


05/17/2006


1) For the Recommended Directors

2) Ratify Selection of Independent

     Registered Public accounting Firm

3) Adopt Executive Incentive Plan


MGMT

MGMT


MGMT


FOR

FOR


FOR


FOR

FOR


FOR

XTO Energy, Inc.

XTO

98385X106

Annual

05/16/2006

1) For the Recommended Directors

2) Approve Amended/Restated

     Certificate of Incorporation,

     Increase Authorized Shares

3) Approve Amended/Restated 2004

     Stock Incentive Plan

4) Ratify Appointment of Independent

     Auditor

MGMT

MGMT



MGMT


MGMT

FOR

FOR



FOR


FOR

FOR

FOR



FOR


FOR

McDonald’s Corp.

MCD

580135101

Annual

05/25/2006

1) For the Recommended Directors

2) Approve Independent Registered

     Public Accounting Firm

3) Approval of Future Severance

    Agreements

4) Labeling of Genetically Engineered

     Products

MGMT

MGMT


SHDLR


SHDLR

FOR

FOR


AGAINST


AGAINST

FOR

FOR


AGAINST


AGAINST

Time Warner, Inc.

TWX

887317105

Annual

05/19/2006

1) For the Recommended Directors

2) Ratification of Auditors

3) Approve 2006 Stock Incentive Plan

4) Simple Majority Vote

5) Separation of Roles of

     Chairman/CEO

6) Code of Vendor Conduct

MGMT

MGMT

MGMT

SHDLR

SHDLR


SHDLR

FOR

FOR

FOR

AGAINST

AGAINST


AGAINST

FOR

FOR

FOR

AGAINST

AGAINST


AGAINST

The Home Depot, Inc.

HD

437076102

Annual

05/25/2006

1) For the Recommended Directors

2) Ratify Appointment of Independent

     Registered Public Accounting Firm

3) Committee Report

4) Employment Diversity Report

     Disclosure

5) Proposal Regarding Chairman/CEO

6) Method of Voting for Directors

7) Retirement Benefits

8) Political Contributions

9) Governing Documents

10) Political Nonpartisanship

MGMT

MGMT


SHDLR

SHDLR


SHDLR

SHDLR

SHDLR

SHDLR

SHDLR

SHDLR

FOR

FOR


AGAINST

AGAINST


AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

FOR

FOR


AGAINST

AGAINST


AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

AGAINST

HCA, Inc.

HCA

404119109

Annual

05/25/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

     Registered Public Accounting Firm

3) Performance-Based Stock Option

     Grants to Senior Executives

4) Require Senior Executives to Hold

     at Least 75% of Equity Based

     Compensation During Their Tenure

MGMT

MGMT


SHDLR


SHDLR

FOR

FOR


FOR


AGAINST

FOR

FOR


AGAINST


AGAINST




NAME OF COMPANY

TICKER

CUSIP

MTG TYPE

MTG DATE

NO/DESCRIPTION OF PROPOSAL

SPONSOR

VOTE CAST

MGMT RECOM’D VOTE

Wal-Mart Stores, Inc.

WMT

931142103

Annual

06/02/2006

1) For the Recommended Directors

2) Ratify Independent Accountants

3) Humane Poultry Slaughter

4) Political Contributions Report

5) Director Election Majority Vote

     Standard

6) Sustainability Report

7) Compensation Disparity

8) Equity Compensation Glass Ceiling

     Report

MGMT

MGMT

SHDLR

SHDLR

SHDLR


SHDLR

SHDLR

SHDLR

FOR

FOR

AGAINST

AGAINST

AGAINST


AGAINST

AGAINST

AGAINST

FOR

FOR

AGAINST

AGAINST

AGAINST


AGAINST

AGAINST

AGAINST

E*Trade Financial Corp.

ET

269246104

Annual

0525/2006

1) For the Recommended Directors

2) Ratify Selection of Independent

     Public Accountants

MGMT

MGMT

FOR

FOR

FOR

FOR



       



                          


   MONETTA TRUST – INTERMEDIATE BOND


There is no proxy voting activity for the fund because the fund did not hold any voting securities during the reporting period.






MONETTA TRUST – GOVERNMENT MONEY MARKET


There is no proxy voting activity for the fund because the fund did not hold any voting securities during the reporting period.







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, there unto duly authorized.




(Registrant)              Monetta Trust

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




By (Signature and Title)* /s/Robert S. Bacarella

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

                          Robert S. Bacarella, President



Date: November 16, 2006

      ---------------



* Print the name and title of each signing officer under his or her signature.