Voting Results of Special Meeting of Shareholders
At a Special Meeting of Shareholders of the Trust (the "Meeting") held on
March 21, 2000, the following actions were taken:
(1) The following individuals were elected to serve on the Board of
Trustees by the shareholders of all Portfolios of the Trust voting
together in the aggregate:
Number of
Number of Votes
Name of Trustee Votes For Withheld
Richard G. Cline 6,637,761,713 38,398,295
Edward J. Condon, Jr. 6,637,761,713 38,398,295
Wesley M. Dixon, Jr. 6,587,683,995 88,476,012
Willaim J. Dolan, Jr. 6,637,761,713 38,398,295
John W. English 6,637,761,713 38,398,295
Raymond E. George, Jr. 6,637,761,713 38,398,295
Sandra Polk Guthman 6,637,761,713 38,398,295
Michael E. Murphy 6,637,761,713 38,398,295
Mary Jacobs Skinner 6,636,834,594 39,325,414
William H. Springer 6,587,685,010 88,474,997
Richard P. Strubel 6,637,761,713 38,398,295
Stephen B. Timbers 6,637,761,713 38,398,295
(2) The approval of the selection of Ernst & Young LLP as the Trust's
independent auditors for the fiscal year ending November 30, 2000
was ratified by all the shareholders of all Portfolios of the Trust voting
together in the aggregate as follows:
Votes For Votes Against Abstained
6,630,851,779 11,428,600 33,879,628
(3)(a) The proposed amendments to the fundamental investment policy on
commodities were approved by each of the Portfolios listed below (voting
separately on a Portfolio-by-Portfolio basis) as follows:
Fund Votes For Votes Against Abstained
Government Select 1,099,594,160 13,070,633 482,354
Government 1,084,049,579 6,431,852 37,331,891
Diversified Assets 3,763,612,304 105,443,036 75,186,472
Tax-Exempt 298,552,144 14,049,008 5,453,609
Municipal 41,568,606 0 0
(3)(b) The proposed amendments to the fundamental investment policies on
borrowing and lending were approved by each of the Portfolios listed below
(voting separately on a Portfolio-by-Portfolio basis) as follows:
Fund Votes For Votes Against Abstained
Government Select 1,045,203,687 67,461,106 482,354
Government 1,041,687,959 48,793,471 37,331,891
Diversified Assets 3,751,245,239 116,119,497 76,877,077
Tax-Exempt 295,203,419 17,397,734 5,453,609
Municipal 41,568,606 0 0
(3)(c) The proposed elimination of the fundamental investment policy on
mortgaging was approved by each of the Portfolios listed below
(voting separately on a Portfolio-by-Portfolio basis) as follows:
Fund Votes For Votes Against Abstained
Government Select 1,068,767,322 43,803,900 575,925
Government 1,085,025,444 5,455,987 37,331,891
Diversified Assets 3,757,284,491 106,242,352 80,714,969
Tax-Exempt 305,190,541 7,313,991 5,550,229
Municipal 41,568,606 0 0
(3)(d) The proposed elimination of the fundamental investment policy on puts
and calls was approved by each of the Portfolios listed below (voting
separately on a Portfolio-by-Portfolio basis) as follows:
Fund Votes For Votes Against Abstained
Government Select 1,068,786,941 43,803,900 556,306
Government 1,047,022,839 5,455,987 75,334,496
Diversified Assets 3,754,379,362 109,147,482 80,714,969
Tax-Exempt 295,080,083 7,124,259 15,850,419
(3)(e) The proposed amendments to the fundamental investment policy on
municipal investments were approved by the Portfolio listed below (voting
separately on a Portfolio-by-Portfolio basis) as follows:
Fund Votes For Votes Against Abstained
Tax-Exempt 301,620,736 10,465,334 5,968,691
(3)(f) The proposed elimination of the fundamental investment policy on
issuers with less than three years of operations was approved by the Portfolio
listed below (voting separately on a Portfolio-by-Portfolio basis) as follows:
Fund Votes For Votes Against Abstained
Tax-Exempt 305,215,687 6,870,383 5,968,691
