WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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EX-99.77C VOTES
Shareholder Voting Results
On April 17, 2000, a special meeting of shareholders of Advantus Venture
Fund, Inc. was held. Shareholders of record on February 28, 2000, were
entitled to vote on the proposals described below.
(1) To elect a Board of Directors as follows:
Votes Votes
Director For Withheld
Charles E. Arner 2,776,409 551
Ellen S. Berscheid 2,776,409 551
Ralph D. Ebbott 2,776,277 683
Frederick P. Feuerherm 2,776,277 683
William N. Westhoff 2,776,277 683
(2) To approve the elimination or modification of the following investment
policies for.
Votes Votes Votes
For Against Withheld
A. Modify policy regarding borrowing
and the issuance of senior securities 2,640,355 3,101 2,926
B. Modify policy regarding concentration
in a particular industry 2,640,200 3,303 2,879
C. Modify policy regarding investments
in real estate and commodities 2,640,882 2,621 2,879
D. Modify policy regarding lending 2,640,355 3,101 2,926
E. Eliminate policy restricting
the pledging of assets 2,640,058 2,658 3,665
F. Eliminate policy restricting
margin purchases and short sales 2,640,876 2,580 2,926
G. Eliminate policy prohibiting
transactions with affiliates 2,641,031 2,471 2,880
H. Eliminate policy prohibiting
participation in a joint trading
account 2,640,200 3,303 2,879
I. Eliminate policy prohibiting
options transactions 2,640,200 2,517 3,665
3. To approve an amendment to the
investment advisory agreement between
the Fund and Advantus Capital Management,
Inc., as described in the proxy statement 2,641,287 2,168 2,926
4. To approve a new sub-advisory
agreement with State Street Research &
Management Company, as described in
the proxy statement 2,640,548 2,168 3,665
5. To ratify the selection of KPMG LLP
as independent public accountants for
the Fund 2,771,850 2,168 2,942
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