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 811-21455
DREMAN/CLAYMORE DIVIDEND & INCOME FUND
(Exact name of registrant as specified in charter)
2455 CORPORATE WEST DRIVE, LISLE, ILLINOIS 60532
(Address of principal executive offices) (Zip code)
Nicholas Dalmaso, Claymore Advisors, LLC, 2455 Corporate West Drive, Lisle,
Illinois 60532
(Name and address of agent for service)
Registrant's telephone number, including area code: (630) 505-3736
Date of fiscal year end: October 31
Date of reporting period: June 30, 2004
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 ((S)(S)
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 (17
CFR 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. (S) 3507.
Item 1. Proxy Voting Record
Proposed by For /
Meeting (I)ssuer or Vote Against
Issuer Ticker CUSIP Date Matter Voted On (S)hareholder Cast? How Voted Mngmt
---------------- ------ --------- --------- ---------------------- ------------- ----- ------------------------ -------
Bank of America BAC 060505104 3/17/2004 Adoption of the Merger I YES FOR FOR
Corp Agreement
Bank of America BAC 060505104 3/17/2004 Adoption of Bank of I YES FOR FOR
Corp America's Amended
Stock Plan
Bank of America BAC 060505104 3/17/2004 Adoption of an I YES FOR FOR
Corp Amendment to
Increase the Number
of Authorized
Shares of Bank of
America Common
Stock
Bank of America BAC 060505104 3/17/2004 Approval of Proposal I YES FOR FOR
Corp to Adjourn the
Bank of America
Special Meeting, if
necessary, to
Solicit Additional
Proxies
Bristol Myers BMY 110122108 5/4/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
Squibb Co. Peter R. Dolan
Bristol Myers BMY 110122108 5/4/2004 Appointment of I YES AGAINST AGAINST
Squibb Co. Independent
Auditors
Bristol Myers BMY 110122108 5/4/2004 Stockholder Proposal S YES FOR AGAINST
Squibb Co. Relating to
Publication of
Political
Contributions
Bristol Myers BMY 110122108 5/4/2004 Stockholder Proposal S YES AGAINST FOR
Squibb Co. Relating to
Prohibition of
Political
Contributions
Bristol Myers BMY 110122108 5/4/2004 Stockholder Proposal S YES FOR AGAINST
Squibb Co. Relating to
Separation of
Chairman and CEO
Positions
Bristol Myers BMY 110122108 5/4/2004 Stockholder Proposal S YES AGAINST FOR
Squibb Co. Relating to
HIV/AIDS-TB-Malaria
Bristol Myers BMY 110122108 5/4/2004 Stockholder Proposal S YES AGAINST FOR
Squibb Co. Relating to
Director Vote
Threshold
US Tobacco Inc. UST 902911106 5/4/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
Vincent A. Gierer Jr.
US Tobacco Inc. UST 902911106 5/4/2004 Selection of I YES FOR FOR
Independent
Auditors
US Tobacco Inc. UST 902911106 5/4/2004 Shareholder Input on S YES FOR AGAINST
Poison Pills
US Tobacco Inc. UST 902911106 5/4/2004 Shareholder Proposal - S YES AGAINST FOR
Reducing
Nitrosamines (TSNA)
in Oral Snuff
ConocoPhilips COP 20825C104 5/5/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
Kenneth M. Duberstein
ConocoPhilips COP 20825C104 5/5/2004 Ratification of I YES FOR FOR
Appointment of
Independent
Auditors
ConocoPhilips COP 20825C104 5/5/2004 Approval of the 2004 I YES FOR FOR
Omnibus Stock and
Performance
Incentive Plan
ConocoPhilips COP 20825C104 5/5/2004 Shareholder Proposal - S YES AGAINST FOR
Limitation on
Executive
Compensation
ConocoPhilips COP 20825C104 5/5/2004 Shareholder Proposal - S YES AGAINST FOR
Commonsense
Executive
Compensation
ConocoPhilips COP 20825C104 5/5/2004 Shareholder Proposal - S YES AGAINST FOR
Drilling in the
Arctic National
Wildlife Refuge
Kerr-Mcgee KMG 492386107 5/11/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
Luke R. Corbett
Kerr-Mcgee KMG 492386107 5/11/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
Luke R. Corbett
Kerr-Mcgee KMG 492386107 5/11/2004 Ratification of the I YES FOR FOR
Appointment of
Independent
Auditors
Kerr-Mcgee KMG 492386107 5/11/2004 Ratification of the I YES FOR FOR
Appointment of
Independent
Auditors
Kerr-Mcgee KMG 492386107 5/11/2004 Stockholder Proposal S YES AGAINST FOR
Requesting
Establishment of an
Office of the
Board of Directors
Kerr-Mcgee KMG 492386107 5/11/2004 Stockholder Proposal S YES AGAINST FOR
Requesting
Establishment of an
Office of the
Board of Directors
Loew's Corp LTR 540424108 5/11/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
BOWER, FRIBURG,
AND TISCH
Loew's Corp LTR 540424108 5/11/2004 Ratification of the I YES FOR FOR
Appointment of
Independent
Auditors
Loew's Corp LTR 540424108 5/11/2004 Shareholder Proposal S YES AGAINST FOR
Relating to
Cumulative Voting
Loew's Corp LTR 540424108 5/11/2004 Shareholder Proposal S YES AGAINST FOR
relating to
Environmental
Tobacco Smoke
Loew's Corp LTR 540424108 5/11/2004 Shareholder Proposal S YES AGAINST FOR
relating to
Charitable
Contributions
Consolidated ED 209115104 5/17/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
Edison Inc. Eugene McGrath,
Ellen Futter,
Stephen R. Volk,
Frederic Salerno
Consolidated ED 209115104 5/17/2004 Ratification of I YES FOR FOR
Edison Inc. Appointment of
Independent
Accountants
Consolidated ED 209115104 5/17/2004 Approval of the I YES FOR FOR
Edison Inc. Company's Stock
Purchase Plan
Consolidated ED 209115104 5/17/2004 Shareholder Proposal - S YES AGAINST FOR
Edison Inc. Additional
Compensation
Information
American AIG 026874107 5/19/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
International Marshall A. Cohen,
Group Carla A. Hills and
Maurice R. Greenberg
American AIG 026874107 5/19/2004 Approval of a Proposal I YES FOR FOR
International to Adopt a Chief
Group Executive Officer
Annual Compensation
Plan
American AIG 026874107 5/19/2004 Approval of a Proposal I YES FOR FOR
International to Adopt the
Group American
International
Group, Inc.
Director Stock Plan
American AIG 026874107 5/19/2004 Ratification of I YES FOR FOR
International Selection of
Group Accountants
American AIG 026874107 5/19/2004 Shareholder S YES FOR AGAINST
International Proposal I
Group
American AIG 026874107 5/19/2004 Shareholder S YES AGAINST FOR
International Proposal II
Group
American AIG 026874107 5/19/2004 Shareholder S YES AGAINST FOR
International Proposal III
Group
Keyspan KSE 49337W100 5/20/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
Robert B. Catell
and J. Atwo
Keyspan KSE 49337W100 5/20/2004 Ratification of I YES AGAINST AGAINST
Deloitte & Touche
LLP as Independent
Public Accountants
Keyspan KSE 49337W100 5/20/2004 Shareholder Proposal S YES FOR AGAINST
Vector Group VGR 92240M108 5/24/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
Ltd. Howard M. Lorber,
Bennett S.
Robert J. Eide and
Jean E. Sharpe
Vector Group VGR 92240M108 5/24/2004 Approval of Vector I YES FOR FOR
Ltd. Group Ltd. Amended
and Restated 1999
Long-Term
Incentive Plan
Electronic Data EDS 285661104 5/25/2004 Election of Directors I YES FOR ALL FOR
Systems
Electronic Data EDS 285661104 5/25/2004 Ratification of I YES FOR FOR
Systems Appointment of
Auditors
Electronic Data EDS 285661104 5/25/2004 Shareholder Proposal S YES AGAINST FOR
Systems Relating to
Classified Board
Electronic Data EDS 285661104 5/25/2004 Shareholder Proposal S YES FOR AGAINST
Systems Relating to Rights
Plan
Electronic Data EDS 285661104 5/25/2004 Shareholder Proposal S YES AGAINST FOR
Systems Relating to
Majority Vote
Fannie Mae FNM 313586109 5/25/2004 Election of Directors I NO N/A N/A
Fannie Mae FNM 313586109 5/25/2004 Ratification of I YES AGAINST AGAINST
Auditors
Fannie Mae FNM 313586109 5/25/2004 Approval of Amendment I YES FOR FOR
to the Company's
Employee Stock
Purchase Plan
Fannie Mae FNM 313586109 5/25/2004 Shareholder Proposal - S YES AGAINST FOR
Cumulative
Voting
Bank of America BAC 060505104 5/26/2004 Election of Directors I YES FOR, WITH EXCEPTION OF AGAINST
Corp Charles K. Gifford,
Paul Fulton and
Jackie M. Ward
Bank of America BAC 060505104 5/26/2004 Ratification of I YES AGAINST AGAINST
Corp Independent Public
Accountants
Bank of America BAC 060505104 5/26/2004 Stockholder Proposal S YES AGAINST FOR
Corp Regarding the
Annual Meeting Date
Bank of America BAC 060505104 5/26/2004 Stockholder Proposal S YES FOR AGAINST
Corp Regarding the
Nomination of
Directors
Bank of America BAC 060505104 5/26/2004 Stockholder Proposal S YES AGAINST FOR
Corp Regarding
Charitable
Contributions
Bank of America BAC 060505104 5/26/2004 Stockholder Proposal S YES AGAINST FOR
Corp Regarding Mutual
Fund Trading
Policies
Bank of America BAC 060505104 5/26/2004 Stockholder Proposal S YES AGAINST FOR
Corp Regarding Privacy
and Information
Security
Newcastle NCT 65105M108 5/27/2004 Election of Directors I YES FOR ALL FOR
Investment
Corp
Newcastle NCT 65105M108 5/27/2004 Approval of I YES FOR FOR
Investment Appointment of
Corp Ernst & Young LLP
as Independent
Auditors
Devon Energy DVN 25179M103 6/8/2004 Election of Directors I YES FOR ALL FOR
Devon Energy DVN 25179M103 6/8/2004 Ratification of I YES FOR FOR
Independent
Auditors
Devon Energy DVN 25179M103 6/8/2004 Shareholder Proposal S YES AGAINST FOR
for a Director
Election Vote
Threshold
Union Planters UPC 908068109 6/8/2004 Approval and Adoption I YES FOR FOR
Corp of the Merger
Agreement
Union Planters UPC 908068109 6/8/2004 Election of Directors I YES FOR ALL FOR
Corp
Union Planters UPC 908068109 6/8/2004 Ratification of I YES FOR FOR
Corp Selection of
Independent
Accountants
Union Planters UPC 908068109 6/8/2004 Adjournment of Annual I YES FOR FOR
Corp Meeting
Union Planters UPC 908068109 6/8/2004 Shareholder Proposal S YES AGAINST FOR
Corp
MFA Mortgage MFA 55272X102 6/9/2004 Election of Directors I YES FOR, W/ EXCEPTION OF
Investments ZIMMERMAN AGAINST
Inc
MFA Mortgage MFA 55272X102 6/9/2004 Approval of the 2004 I YES FOR FOR
Investments Equity Compensation
Inc Plan
MFA Mortgage MFA 55272X102 6/9/2004 Ratification of I YES FOR FOR
Investments Appointment of
Inc Auditors
American Home AHM 02660R107 6/16/2004 Election of Directors I YES FOR ALL FOR
Mortgage
Inves
American Home AHM 02660R107 6/16/2004 Ratification of I YES AGAINST AGAINST
Mortgage External Auditor
Inves
Kerr-Mcgee KMG 492386107 6/25/2004 Approve Merger I YES FOR FOR
Agreement
SIGNATURES
[See General Instruction F]
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.
Dreman/Claymore Dividend & Income Fund
By: /s/ Nicholas Dalmaso
---------------------------------
Name: Nicholas Dalmaso
Title: Chief Legal and Executive Officer
Date: August 30, 2004