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EX-99.77C VOTES
Shareholder Voting Results
On April 17, 2000, a special shareholder meeting 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
William N. Westhoff 1,675,277,404 33,022,140
Frederick P. Feuerherm 1,675,342,158 32,957,386
Ralph D. Ebbott 1,674,612,153 33,687,391
Charles E. Arner 1,674,138,756 34,160,788
Ellen S. Berscheid 1,674,681,707 33,617,837
(2) To approve the elimination or modification of the following investment
policies for.
Votes Votes Votes
For Against Withheld
Growth Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 162,970,678 9,277,101 6,445,572
B. Modify policy regarding concentration
in a particular industry 162,561,620 9,686,159 6,445,572
C. Modify policy regarding investments
in real estate 163,067,100 9,180,679 6,445,572
D. Modify policy regarding investments
in commodities 162,595,495 9,652,284 6,445,572
E. Modify policies regarding lending 163,052,224 9,195,555 6,445,572
F. Eliminate policy restricting margin
purchases and short sales 162,219,748 10,028,031 6,445,572
G. Eliminate diversification policies 162,621,844 9,625,935 6,445,572
Votes Votes Votes
For Against Withheld
Bond Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 135,941,156 5,997,512 7,096,357
B. Modify policy regarding concentration
in a particular industry 137,089,020 4,849,648 7,096,357
C. Modify policy regarding investments
in real estate 136,796,518 5,142,150 7,096,357
D. Modify policy regarding investments
in commodities 136,934,739 5,003,929 7,096,357
E. Modify policies regarding lending 137,005,252 4,933,416 7,096,357
F. Eliminate policy restricting margin
purchases and short sales 136,373,092 5,565,576 7,096,357
G. Eliminate diversification policies 136,970,694 4,967,974 7,096,357
Votes Votes Votes
For Against Withheld
Money Market Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 124,407,694 7,980,911 5,910,629
B. Modify policy regarding concentration
in a particular industry 126,474,409 5,914,196 5,910,629
C. Modify policy regarding investments
in real estate 126,519,735 5,868,870 5,910,629
D. Modify policy regarding investments
in commodities 126,273,892 6,114,713 5,910,629
E. Modify policies regarding lending 126,516,020 5,872,585 5,910,629
F. Eliminate policy restricting margin
purchases and short sales 124,186,390 8,202,215 5,910,629
G. Eliminate diversification policies 126,516,020 5,872,585 5,910,629
Votes Votes Votes
For Against Withheld
Asset Allocation Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 284,929,038 11,456,519 15,367,317
B. Modify policy regarding concentration
in a particular industry 284,593,242 11,792,315 15,367,317
C. Modify policy regarding investments
in real estate 284,980,601 11,404,956 15,367,317
D. Modify policy regarding investments
in commodities 284,595,378 11,790,179 15,367,317
E. Modify policies regarding lending 285,020,581 11,364,976 15,367,317
F. Eliminate policy restricting margin
purchases and short sales 284,125,657 12,259,900 15,367,317
G. Eliminate diversification policies 284,864,629 11,520,928 15,367,317
Votes Votes Votes
For Against Withheld
Mortgage Securities Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 105,561,140 4,864,871 5,525,841
B. Modify policy regarding concentration
in a particular industry 106,411,239 4,014,772 5,525,841
C. Modify policy regarding investments
in real estate 106,526,107 3,899,904 5,525,841
D. Modify policy regarding investments
in commodities 106,609,577 3,816,434 5,525,841
E. Modify policies regarding lending 106,491,612 3,934,399 5,525,841
F. Eliminate policy restricting margin
purchases and short sales 105,742,279 4,683,732 5,525,841
G. Eliminate diversification policies 106,534,729 3,891,282 5,525,841
Votes Votes Votes
For Against Withheld
Index 500 Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 133,867,187 6,051,695 6,042,782
B. Modify policy regarding concentration
in a particular industry 133,899,521 6,019,361 6,042,782
C. Modify policy regarding investments
in real estate 134,173,462 5,745,420 6,042,782
D. Modify policy regarding investments
in commodities 133,834,229 6,084,653 6,042,782
E. Modify policies regarding lending 134,226,721 5,692,161 6,042,782
F. Eliminate policy restricting margin
purchases and short sales 133,739,525 6,179,357 6,042,782
G. Eliminate diversification policies 134,220,672 5,698,210 6,042,782
Votes Votes Votes
For Against Withheld
Capital Appreciation Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 112,074,931 5,565,616 4,640,899
B. Modify policy regarding concentration
in a particular industry 112,138,720 5,501,827 4,640,899
C. Modify policy regarding investments
in real estate 112,109,969 5,530,578 4,640,899
D. Modify policy regarding investments
in commodities 111,946,413 5,694,134 4,640,899
E. Modify policies regarding lending 112,177,868 5,462,679 4,640,899
F. Eliminate policy restricting margin
purchases and short sales 111,664,972 5,975,575 4,640,899
G. Eliminate diversification policies 112,119,704 5,520,843 4,640,899
Votes Votes Votes
For Against Withheld
International Stock Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 168,876,598 8,306,036 11,139,010
B. Modify policy regarding concentration
in a particular industry 169,090,875 8,091,759 11,139,010
C. Modify policy regarding investments
in real estate 168,998,841 8,183,793 11,139,010
D. Modify policy regarding investments
in commodities 168,895,564 8,287,070 11,139,010
E. Modify policies regarding lending 169,262,117 7,920,517 11,139,010
F. Eliminate policy restricting margin
purchases and short sales 168,550,075 8,632,559 11,139,010
G. Eliminate diversification policies 169,152,491 8,030,143 11,139,010
Votes Votes Votes
For Against Withheld
Small Company Growth Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 102,272,608 4,570,376 5,225,139
B. Modify policy regarding concentration
in a particular industry 102,291,762 4,551,222 5,225,139
C. Modify policy regarding investments
in real estate 102,340,780 4,502,204 5,225,139
D. Modify policy regarding investments
in commodities 102,088,566 4,754,418 5,225,139
E. Modify policies regarding lending 102,340,075 4,502,909 5,225,139
F. Eliminate policy restricting margin
purchases and short sales 101,830,698 5,012,286 5,225,139
G. Eliminate diversification policies 102,316,846 4,526,138 5,225,139
Votes Votes Votes
For Against Withheld
Maturing Government Bond 2002 Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 7,772,539 82,150 26,066
B. Modify policy regarding concentration
in a particular industry 7,772,539 82,150 26,066
C. Modify policy regarding investments
in real estate 7,777,687 77,002 26,066
D. Modify policy regarding investments
in commodities 7,777,687 77,002 26,066
E. Modify policies regarding lending 7,777,687 77,002 26,066
F. Eliminate policy restricting margin
purchases and short sales 7,772,539 82,150 26,066
G. Eliminate diversification policies 7,772,539 82,150 26,066
Votes Votes Votes
For Against Withheld
Maturing Government Bond 2006 Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 4,938,876 161,683 355,836
B. Modify policy regarding concentration
in a particular industry 5,019,327 81,232 355,836
C. Modify policy regarding investments
in real estate 5,019,327 81,232 355,836
D. Modify policy regarding investments
in commodities 4,932,629 167,930 355,836
E. Modify policies regarding lending 5,019,327 81,232 355,836
F. Eliminate policy restricting margin
purchases and short sales 5,013,080 87,479 355,836
G. Eliminate diversification policies 5,019,327 81,232 355,836
Votes Votes Votes
For Against Withheld
Maturing Government Bond 2010 Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 3,796,220 41,273 18,094
B. Modify policy regarding concentration
in a particular industry 3,796,220 41,273 18,094
C. Modify policy regarding investments
in real estate 3,801,722 35,771 18,094
D. Modify policy regarding investments
in commodities 3,797,252 40,241 18,094
E. Modify policies regarding lending 3,801,722 35,771 18,094
F. Eliminate policy restricting margin
purchases and short sales 3,791,750 45,743 18,094
G. Eliminate diversification policies 3,796,220 41,273 18,094
Votes Votes Votes
For Against Withheld
Value Stock Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 99,487,551 3,737,776 5,531,382
B. Modify policy regarding concentration
in a particular industry 99,693,917 3,531,410 5,531,382
C. Modify policy regarding investments in
real estate 99,619,880 3,605,447 5,531,382
D. Modify policy regarding investments
in commodities 99,447,583 3,777,744 5,531,382
E. Modify policies regarding lending 99,725,632 3,499,695 5,531,382
F. Eliminate policy restricting margin
purchases and short sales 99,111,772 4,113,555 5,531,382
G. Eliminate diversification policies 99,780,804 3,444,523 5,531,382
Votes Votes Votes
For Against Withheld
Small Company Value Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 13,928,439 503,165 419,695
B. Modify policy regarding concentration
in a particular industry 13,923,499 508,105 419,695
C. Modify policy regarding investments
in real estate 13,928,577 503,027 419,695
D. Modify policy regarding investments
in commodities 13,927,406 504,198 419,695
E. Modify policies regarding lending 13,934,173 497,431 419,695
F. Eliminate policy restricting margin
purchases and short sales 13,817,293 614,311 419,695
G. Eliminate diversification policies 13,928,577 503,027 419,695
Votes Votes Votes
For Against Withheld
Global Bond Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 29,199,216 4,709,188 478,751
B. Modify policy regarding concentration
in a particular industry 30,294,963 3,613,441 478,751
C. Modify policy regarding investments
in real estate 30,294,963 3,613,441 478,751
D. Modify policy regarding investments
in commodities 30,294,963 3,613,441 478,751
E. Modify policies regarding lending 30,294,927 3,613,477 478,751
F. Eliminate policy restricting margin
purchases and short sales 29,201,803 4,706,601 478,751
Votes Votes Votes
For Against Withheld
Index 400 Mid-Cap Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 20,314,477 594,764 610,729
B. Modify policy regarding concentration
in a particular industry 20,315,066 594,175 610,729
C. Modify policy regarding investments
in real estate 20,314,974 594,267 610,729
D. Modify policy regarding investments
in commodities 20,314,974 594,267 610,729
E. Modify policies regarding lending 20,309,089 600,152 610,729
F. Eliminate policy restricting margin
purchases and short sales 20,314,439 594,802 610,729
G. Eliminate diversification policies 20,315,066 594,175 610,729
Votes Votes Votes
For Against Withheld
Macro-Cap Value Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 19,400,419 936,837 723,383
B. Modify policy regarding concentration
in a particular industry 19,736,098 601,158 723,383
C. Modify policy regarding investments
in real estate 19,736,098 601,158 723,383
D. Modify policy regarding investments
in commodities 19,736,098 601,158 723,383
E. Modify policies regarding lending 19,731,738 605,518 723,383
F. Eliminate policy restricting margin
purchases and short sales 19,394,050 943,206 723,383
G. Eliminate diversification policies 19,736,098 601,158 723,383
Votes Votes Votes
For Against Withheld
Micro-Cap Growth Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 19,288,297 349,376 680,607
B. Modify policy regarding concentration
in a particular industry 19,385,054 252,619 680,607
C. Modify policy regarding investments
in real estate 19,385,002 252,671 680,607
D. Modify policy regarding investments
in commodities 19,381,843 255,830 680,607
E. Modify policies regarding lending 19,382,173 255,500 680,607
F. Eliminate policy restricting margin
purchases and short sales 19,276,108 361,565 680,607
G. Eliminate diversification policies 19,385,054 252,619 680,607
Votes Votes Votes
For Against Withheld
Real Estate Securities Portfolio:
A. Modify policies regarding borrowing
and the issuance of senior securities 5,380,052 2,210,511 256,979
B. Modify policy regarding concentration
in a particular industry 5,383,932 2,206,631 256,979
C. Modify policy regarding investments
in real estate 5,383,932 2,206,631 256,979
D. Modify policy regarding investments
in commodities 5,382,829 2,207,734 256,979
E. Modify policies regarding lending 5,381,155 2,209,408 256,979
F. Eliminate policy restricting margin
purchases and short sales 5,382,829 2,207,734 256,979
G. Eliminate diversification policies 5,383,932 2,206,631 256,979
(3) To approve an amended Investment Advisory Agreement between the Fund and
Advantus Capital, changing the schedule of advisory fees payable by
certain Portfolios, deleting a provision requiring Advantus Capital to
pay distribution-related expenses of the Fund, and modify the
agreement's amendment provision.
Votes Votes Votes
For Against Withheld
Growth Portfolio 154,659,413 16,353,676 7,680,262
Bond Portfolio 133,043,274 9,221,259 6,770,492
Money Market Portfolio 121,367,003 11,190,441 5,741,790
Asset Allocation Portfolio 276,095,437 18,268,724 17,388,713
Mortgage Securities Portfolio 103,841,804 6,293,581 5,816,467
Index 500 Portfolio 129,957,418 10,618,933 5,385,313
Capital Appreciation Portfolio 108,792,718 8,320,322 5,168,406
International Stock Portfolio 164,941,057 12,175,733 11,204,854
Small Company Growth Portfolio 100,217,742 7,243,147 4,607,234
Maturing Government Bond 2002 Portfolio 7,824,923 11,175 44,657
Maturing Government Bond 2006 Portfolio 5,065,958 16,626 373,811
Maturing Government Bond 2010 Portfolio 3,769,171 48,683 37,733
Value Stock Portfolio 98,138,540 6,099,218 4,518,951
Small Company Value Portfolio 13,283,927 1,074,334 493,038
Global Bond Portfolio 28,831,307 5,073,976 481,872
Index 400 Mid-Cap Portfolio 19,249,989 1,455,782 814,199
Macro-Cap Value Portfolio 19,154,451 1,134,836 771,352
Micro-Cap Growth Portfolio 18,724,183 772,207 821,890
Real Estate Securities Portfolio 5,553,725 2,166,590 127,227
(4) To approve a Plan of Distribution under Rule 12b-1, pursuant to which
certain Portfolios would pay a distribution fee of 0.25% of average
daily net assets per annum.
Votes Votes Votes
For Against Withheld
Growth Portfolio 150,490,293 20,004,782 8,198,276
Bond Portfolio 131,245,839 10,980,079 6,809,107
Money Market Portfolio 114,646,738 18,486,860 5,165,636
Asset Allocation Portfolio 269,214,723 25,395,367 17,142,784
Mortgage Securities Portfolio 102,584,255 7,662,868 5,704,729
Index 500 Portfolio 125,364,345 15,189,090 5,408,229
Capital Appreciation Portfolio 106,086,228 10,825,532 5,369,686
International Stock Portfolio 160,412,299 16,540,419 11,368,926
Small Company Growth Portfolio 97,306,902 9,924,644 4,836,577
Value Stock Portfolio 95,947,659 8,153,132 4,655,918
Small Company Value Portfolio 12,962,374 1,479,333 409,592
Global Bond Portfolio 27,782,267 6,057,087 547,801
Index 400 Mid-Cap Portfolio 18,871,840 2,044,008 604,122
Macro-Cap Value Portfolio 18,418,315 2,156,135 486,189
Micro-Cap Growth Portfolio 17,932,966 1,582,438 802,876
Real Estate Securities Portfolio 5,432,993 2,287,322 127,227
(5) To approve amended and restated articles of incorporation of the Fund.
Votes Votes Votes
For Against Withheld
1,558,331,864 65,836,890 84,130,791
(6) To ratify the selection of KPMG LLP as independent public accountants
for the Fund.
Votes Votes Votes
For Against Withheld
1,619,383,432 23,248,520 65,667,592
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