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 No. 811-22039
First Trust Specialty Finance and
Financial Opportunities Fund
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Exact Name of Registrant as Specified in Declaration of Trust
120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187
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Address of Principal Executive Offices (Number, Street, City, State, Zip Code)
W. Scott Jardine
First Trust Portfolios L.P.
120 East Liberty Drive, Suite 400
Wheaton, Illinois 60187
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Name and Address (Number, Street, City, State, Zip Code) of Agent for Service
(630) 765-8000
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Registrant's Telephone Number, including Area Code
Date of fiscal year end: November 30
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Date of reporting period: July 1, 2011 - June 30, 2012
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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 (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, 100 F Street, N.E., Washington
D.C. 20549. The OMB has reviewed this collection of information under the
clearance requirements of 44 U.S.C. Section 3507.
Item 1. Proxy Voting Record
COMPANY NAME MEETING DATE CUSIP TICKER
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HORIZON TECHNOLOGY FINANCE 12-JUL-11 44045A-102 HRZN
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "SPECIAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- Against For 1) Authorize the Company, with approval of its board of Issuer
directors, to sell shares of its common stock (during the
next 12 months) at a price below the then current net asset
value per share, subject to certain limitations.
COMPANY NAME MEETING DATE CUSIP TICKER
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APOLLO INVESTMENT 02-AUG-11 03761U-106 AINV
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Frank Puleo as director for a term ending 2014 Issuer
Echo Voted -- For For 1.2) Elect Carl Spielvogel as director for a term ending 2014 Issuer
Echo Voted -- For For 1.3) Elect Jeanette Loeb as director for a term ending 2014 Issuer
2) Ratify the selection of PwC (PricewaterhouseCoopers LLP)
as the independent registered public accounting firm.
Echo Voted -- For For 3) Authorize flexibility for Company, with approval of the Issuer
Board to sell shares of common stock (during next 12 months)
at a price below its then current net asset value per share
subject to limitations described herein (including that
cumulative number of shares sold pursuant to such authority
does not exceed 25% of its then outstanding common stock
immediately prior to sale).
COMPANY NAME MEETING DATE CUSIP TICKER
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GLADSTONE INVESTMENT 04-AUG-11 376546-107 GAIN
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Michela English as director for a term ending 2014 Issuer
Echo Voted -- For For 1.2) Elect Anthony Parker as director for a term ending 2014 Issuer
Echo Voted -- For For 1.3) Elect George Stelljes III (co-Vice Chairman & CIO) as Issuer
director for a term ending 2014
Echo Voted -- For For 2) Elect Gerard Mead as director Issuer
Echo Voted -- For For 3) Approve a proposal to authorize us, with the approval of Issuer
the Board of Directors, to issue and sell shares of our
common stock (during the next 12 months) at a price below its
then current net asset value per share subject to certain
limitations, all as more fully described in the proxy
statement.
Echo Voted -- For For 4) Ratify the selection of PwC (PricewaterhouseCoopers LLP) Issuer
as the independent registered public accounting firm.
COMPANY NAME MEETING DATE CUSIP TICKER
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MEDICAL ACTION 11-AUG-11 58449L-100 MDCI
INDUSTRIES INC.
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect William Burke as director for term ending 2014 Issuer
Echo Voted -- For For 1.2) Elect Kenneth Davidson as director for term ending 2014 Issuer
Echo Voted -- For For 2) Ratify the selection of Grant Thornton LLP as independent Issuer
registered public accounting firm
Echo Voted -- For For 3) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2011 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
Echo Voted -- For 1 year 4) Select the preferred voting frequency -- one year, two Issuer
years, three years or abstain -- as to when the company shall
hold a shareholder vote to approve the compensation of the
named executive officers.
COMPANY NAME MEETING DATE CUSIP TICKER
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SARATOGA INVESTMENT 27-SEP-11 80349A-208 SAR
CORP.
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect G. Cabell Williams as director Issuer
Echo Voted -- For For 1.2) Elect Michael Grisius as director Issuer
Echo Voted -- Against For 2) Approve a proposal to authorize the Company to sell or Issuer
otherwise issue the Company's common stock at a price below
the Company's then current net asset value per share.
COMPANY NAME MEETING DATE CUSIP TICKER
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FULL CIRCLE CAPITAL 08-DEC-11 359671-104 FULL
CORPORATION
VOTE FOR / AGAINST PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
MANAGEMENT SECURITY HOLDER
For For 1) Elect Edward Cohen as director Issuer
For For 2) Ratify the selection of Rothstein, Kass & Company, P.C. to Issuer
serve as the independent registered public accounting firm.
For For 3) Approve a proposal to authorize the Company, with the Issuer
approval of its Board of Directors, to sell shares of its
common stock at a price or prices below the Company's then
current net asset value per share in one or more offerings,
subject to certain conditions as set forth in the proxy
statement.
COMPANY NAME MEETING DATE CUSIP TICKER
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PROSPECT CAPITAL 08-DEC-11 74348T-102 PSEC
CORPORATION
VOTE FOR / AGAINST PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
MANAGEMENT SECURITY HOLDER
unvoted - custodian For 1.1) Elect William Gremp as director for term ending 2014 Issuer
administrative error
unvoted - custodian For 2) Ratify the selection of BDO USA, LLP as independent Issuer
administrative error registered public accounting firm
unvoted - custodian
administrative error For 3) Authorize the Company, with approval of its Board of Issuer
Directors, to sell shares of its common stock (during the
next 12 months) at a price or prices below the Company's then
current net asset value (NAV) per share in one or more
offerings subject to certain conditions as set forth in the
accompanying proxy statement (including that the number of
shares sold on any given date does not exceed 25% of its
outstanding common stock immediately prior to such sale).
COMPANY NAME MEETING DATE CUSIP TICKER
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GOLUB CAPITAL BDC, INC. 02-FEB-12 38173M-102 GBDC
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
For For 1.1) Elect John Bailey as director for a term ending 2015 Issuer
For For 1.2) Elect Kenneth Bernstein as director for a term ending 2015 Issuer
For For 2) Ratify the selection of McGladrey & Pullen, LLP as the Issuer
independent registered public accounting firm.
COMPANY NAME MEETING DATE CUSIP TICKER
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GLADSTONE CAPITAL 16-FEB-12 376535-100 GLAD
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Terry Lee Brubaker as director for a term ending 2015 Issuer
Echo Voted -- For For 1.2) Elect David A.R. Dullum as director for a term ending 2015 Issuer
Echo Voted -- For For 2) Approve a proposal to authorize the Company, with the Issuer
approval of the Board of Directors, to issue and sell shares
of its common stock (during the next 12 months), at a price
below its then current net asset value per share, subject to
certain limitations set forth in the proxy statement, all as
more fully described in the proxy statement.
Echo Voted -- For For 3) Ratify audit committee to select PriceWaterHouseCoopers as Issuer
independent public accounting firm
COMPANY NAME MEETING DATE CUSIP TICKER
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PENNANTPARK FLOATING 28-FEB-12 70806A-106 PFLT
RATE CAP
VOTE MANAGEMENT FOR PROPOSALS AT "SPECIAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1) Consider and vote upon a proposal to authorize flexibility Issuer
for us, with the approval of the Board of Directors, to sell
shares of our common stock, during the next 12 months, at a
subject to certain limitations described in the joint proxy
statement.
COMPANY NAME MEETING DATE CUSIP TICKER
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PENNANTPARK FLOATING 28-FEB-12 70806A-106 PFLT
RATE CAP
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Marshall Brozost as director for a term ending 2015 Issuer
Echo Voted -- For For 1.2) Elect Samuel Katz as director for a term ending 2015 Issuer
Echo Voted -- For For 2) Ratify the selection of KPMG as the independent registered Issuer
public accounting firm.
COMPANY NAME MEETING DATE CUSIP TICKER
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PENNANTPARK INVESTMENT 28-FEB-12 708062-104 PNNT
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Adam Bernstein as director for a term ending 2015 Issuer
Echo Voted -- For For 1.2) Elect Jeffrey Flug as director for a term ending 2015 Issuer
Echo Voted -- For For 2) Ratify the selection of KPMG as the independent registered Issuer
public accounting firm.
COMPANY NAME MEETING DATE CUSIP TICKER
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PENNANTPARK INVESTMENT 28-FEB-12 708062-104 PNNT
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "SPECIAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1) Consider and vote upon a proposal to authorize flexibility Issuer
for us, with the approval of the Board of Directors, to sell
shares of our common stock, during the next 12 months, at a
subject to certain limitations described in the joint proxy
statement.
COMPANY NAME MEETING DATE CUSIP TICKER
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MEDLEY CAPITAL CORP. 09-MAR-12 58503F-106 MCC
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Andrew Fentress as director for a term ending 2015 Issuer
Echo Voted -- For For 1.2) Elect Richard Dorfman as director for a term ending 2015 Issuer
Echo Voted -- For For 2) Ratify selection of Ernsy & Young LLP as company's Issuer
independent public accounting firm
Echo Voted -- For For 3) Approve authorization of Medley Capital Corporation, with Issuer
the approval of its Board of Directors, to sell shares of its
common stock at a price or prices below Medley Capital
Corporation's then current net asset value per share in one
or more offerings, subject to certain conditions as set forth
in the proxy statement (including, without limitation,
that the number of shares issued does not exceed 25% of the
Company's then outstanding common stock, at a price below,
but no more than 20% below, its then current net asset value).
Echo Voted -- For For 4) Approve authorization of Medley Capital Corporation to Issuer
issue securities to subscribe to, convert to, or purchase
shares of Medley Capital Corporation's common stock in one or
more offerings.
COMPANY NAME MEETING DATE CUSIP TICKER
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MVC CAPITAL, INC. 12-MAR-12 553829-102 MVC
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Emilio Dominianni as director Issuer
Echo Voted -- For For 1.2) Elect Gerald Hellerman as director Issuer
Echo Voted -- For For 1.3) Elect Warren Holtsberg as director Issuer
Echo Voted -- For For 1.4) Elect Robert Knapp as director Issuer
Echo Voted -- For For 1.5) Elect William Taylor as director Issuer
Echo Voted -- For For 1.6) Elect Michael Tokarz (Chairman) as director Issuer
Echo Voted -- For For 2) Ratify the selection of Ernst & Young LLP as the
independent registered public accounting firm. Issuer
COMPANY NAME MEETING DATE CUSIP TICKER
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FIFTH STREET FINANCE CORP. 04-APR-12 31678A-103 FSC
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Leonard Tannenbaum as director for term ending 2015 Issuer
Echo Voted -- For For 1.2) Elect Bernard Berman as director for term ending 2015 Issuer
Echo Voted -- For For 2) Ratify the selection of PricewaterhouseCoopers LLP as the Issuer
independent registered public accounting firm.
Echo Voted -- For For 3) Amend the investment advisory agreement between the Issuer
Company and its investment adviser in order to change the
structure of the income incentive fee payable to the
investment adviser in a manner that would reduce the "hurdle
rate" rquired for the investment adviser to ear, and be paid,
the income income incentive fee.
COMPANY NAME MEETING DATE CUSIP TICKER
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AMERICAN CAPITAL, LTD. 27-APR-12 02503Y-103 ACAS
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Mary Baskin as director Issuer
Echo Voted -- For For 1.2) Elect Neil Hahl as director Issuer
Echo Voted -- For For 1.3) Elect Philip Harper as director Issuer
Echo Voted -- For For 1.4) Elect John Koskinen as director Issuer
Echo Voted -- For For 1.5) Elect Stan Lundine as director Issuer
Echo Voted -- For For 1.6) Elect Kenneth Peterson as director Issuer
Echo Voted -- For For 1.7) Elect Alvin Puryear as director Issuer
Echo Voted -- For For 1.8) Elect Malon Wilkus as director Issuer
Echo Voted -- For For 2) Adopt an amendment to the Third Amended and Restated Issuer
Certificate of Incorporation to preserve certain tax benefits.
Echo Voted -- For For 3) Ratify Ernst & Young LLP as the independent registered Issuer
public accounting firm for the fiscal year 2009.
COMPANY NAME MEETING DATE CUSIP TICKER
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HATTERAS FINANCIAL CORP. 02-MAY-12 41902R-103 HTS
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
For For 1.1) Elect Michael Hough (Chairman & CEO) as director Issuer
For For 1.2) Elect Benjamin Hough (President & COO) as director Issuer
For For 1.3) Elect David Berson as director Issuer
For For 1.4) Elect Ira Kawaller as director Issuer
For For 1.5) Elect Jeffrey Miller as director Issuer
For For 1.6) Elect Thomas Wren as director Issuer
For For 2) Ratify the selection of Ernst & Young LLP as the
independent registered public accounting firm. Issuer
For For 3) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2012 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
COMPANY NAME MEETING DATE CUSIP TICKER
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TRIANGLE CAPITAL 02-MAY-12 895848-109 TCAP
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
For For 1.1) Elect Garland Tucker, III (Chairman, CEO, & President) Issuer
as director
For For 1.2) Elect Brent Burgess as director Issuer
For For 1.3) Elect Stephen Lilly as director Issuer
For For 1.4) Elect W. McComb Dunwoody as director Issuer
For For 1.5) Elect Mark Gambill as director Issuer
For For 1.6) Elect Benjamin Goldstein as director Issuer
For For 1.7) Elect Simon Rich, Jr. as director Issuer
For For 1.8) Elect Sherwood Smith, Jr. as director Issuer
For For 2) Approve a proposal to authorize the Company, pursuant to Issuer
appproval of its board of directors, to sell shares of its
common stock or warrants, options or rights to acquire its
common stock during the next year at a price below the
Company's then current net asset value (i.e., book value) per
share.
For For 3) Approve the Company's 2012 Cash Incentive Plan. Issuer
For For 4) Approve the increase in the maximum aggregate number of Issuer
shares of the Company's common stock available for issuance
under the Amended and Restated 2007 Equity Incentive Plan.
COMPANY NAME MEETING DATE CUSIP TICKER
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GLADSTONE COMMERCIAL 03-MAY-12 376536-108 GOOD
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Terry Lee Brubaker as director Issuer
Echo Voted -- For For 1.2) Elect A.R. Dullum as director Issuer
Echo Voted -- For For 1.3) Elect Jack Reilly as director Issuer
Echo Voted -- For For 2) Ratify the selection of PwC (PricewaterhouseCoopers LLP) Issuer
as the independent registered public accounting firm.
COMPANY NAME MEETING DATE CUSIP TICKER
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SOLAR CAPITAL LTD. 03-MAY-12 83413U-100 SLRC
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
For For 1.1) Elect Michael Gross as director Issuer
For For 1.2) Elect Leonard Potter as director Issuer
For For 2) Authorize the Company, with approval of its Board of Issuer
Directors, to sell shares of its common stock at a price
or prices below the Company's then current net asset value per
share in one or more offerings. The number of shares issued
shall not exceed 25% of the Company's then outstanding common
stock immediately prior to each such offering.
COMPANY NAME MEETING DATE CUSIP TICKER
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NEW MOUNTAIN FINANCE 08-MAY-12 647551-100 NMFC
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
For For 1) Elect David Ogens as director Issuer
For For 2) Authorize, on a pass-through basis, New MountaiN Finance Issuer
Holdings, LLC to amend and restate the Investment Advisory
and Managemenr Agreement between New Mountain Finance
Holdings, LLC and New Mountain Finance Advisers BDC, LLC
COMPANY NAME MEETING DATE CUSIP TICKER
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CYS INVESTMENTS, INC. 10-MAY-12 12673A-108 CYS
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
For For 1.1) Elect Kevin Grant as director Issuer
For For 1.2) Elect Tanya Beder as director Issuer
For For 1.3) Elect Douglas Crocker, II as director Issuer
For For 1.4) Elect Jeffrey Hughes as director Issuer
For For 1.5) Elect Stephen Jonas as director Issuer
For For 1.6) Elect R.A. Redlingshafer as director Issuer
For For 1.7) Elect James Stern as director Issuer
For For 1.8) Elect David Tyson, Ph.D as director Issuer
For For 2) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2012 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
1 year 1 year 3) Select the preferred voting frequency -- one year, two Issuer
years, three years or abstain -- as to when the company shall
hold a shareholder vote to approve the compensation of the
named executive officers.
For For 4) Ratify the selection of Deloitte & Touche LLP as Issuer
independent registered public accounting firm
COMPANY NAME MEETING DATE CUSIP TICKER
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MARKEL CORP. 14-MAY-12 570535-104 MKL
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
unvoted - custodian For 1.1) Elect J. Alfred Broaddus, Jr. as director
administrative error Issuer
unvoted - custodian For 1.2) Elect Douglas Eby as director
administrative error Issuer
unvoted - custodian For 1.3) Elect Stewart Kasen as director
administrative error Issuer
unvoted - custodian For 1.4) Elect Alan Kirshner (Chairman & CEO) as director
administrative error Issuer
unvoted - custodian For 1.5) Elect Lemuel Lewis as director
administrative error Issuer
unvoted - custodian For 1.6) Elect Darrell Martin as director
administrative error Issuer
unvoted - custodian For 1.7) Elect Anthony Markel (Vice-Chairman & ex-COO) as
administrative error director Issuer
unvoted - custodian For 1.8) Elect Steven Markel (Vice Chairman) as director
administrative error Issuer
unvoted - custodian For 1.9) Elect Jay Weinberg as director
administrative error Issuer
unvoted - custodian For 1.10) Elect Debora Wilson as director
administrative error Issuer
unvoted - custodian For 2) Ratify the selection of KPMG LLP as the independent
administrative error registered public accounting firm. Issuer
unvoted - custodian 3) Adoption of the Company's 2012 Equity Incentive
administrative error Compensation Plan Issuer
COMPANY NAME MEETING DATE CUSIP TICKER
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NGP CAPITAL RESOURCES 16-MAY-12 62912R-107 NGPC
COMPANY
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect David Albin as director Issuer
Echo Voted -- For For 1.2) Elect Lon Kile as director Issuer
Echo Voted -- For For 2) Ratify the selection of Ernst & Young LLP as the
independent registered public accounting firm. Issuer
Echo Voted -- For For 3) Adjourn the annual meeting, if necessary, to solicit Issuer
additional proxies if there are not sufficient votes to
approve items #1 & #2
COMPANY NAME MEETING DATE CUSIP TICKER
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FIDELITY NATIONAL 23-MAY-12 31620R-105 FNF
FINANCIAL, INC.
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Frank Willey as director Issuer
Echo Voted -- For For 1.2) Elect Willie Davis as director Issuer
Echo Voted -- For For 2) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2012 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
Echo Voted -- For For 3) Ratify the selection of KPMG LLP as the independent
registered public accounting firm. Issuer
COMPANY NAME MEETING DATE CUSIP TICKER
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ANNALY CAPITAL 24-MAY-12 035710-409 NLY
MANAGEMENT, INC.
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect W. Denahan-Norris as director Issuer
Echo Voted -- For For 1.2) Elect Michael Haylon as director Issuer
Echo Voted -- For For 1.3) Elect Donnell Segalas as director Issuer
Echo Voted -- For For 1.4) Elect Jonathan Green as director Issuer
Echo Voted -- For For 2) Ratify the selection of Ernst & Young LLP as the
independent registered public accounting firm. Issuer
COMPANY NAME MEETING DATE CUSIP TICKER
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NORTHSTAR REALTY 24-MAY-12 66704R-100 NRF
FINANCE CORP.
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect C. Preston Butcher as director Issuer
Echo Voted -- For For 1.2) Elect Stephen Cummings as director Issuer
Echo Voted -- For For 1.3) Elect David Hamamoto (Chairman & CEO) as director Issuer
Echo Voted -- For For 1.4) Elect Judith Hannaway as director Issuer
Echo Voted -- For For 1.5) Elect Oscar Junquera as director Issuer
Echo Voted -- For For 1.6) Elect Wesley Minami as director Issuer
Echo Voted -- For For 1.7) Elect Louis Paglia as director Issuer
Echo Voted -- For For 1.8) Elect Sridhar Sambamurthy as director Issuer
Echo Voted -- For For 2) Approve the NorthStar Realty Finance Corp. Amended and
Restated 2004 Omnibus Stock Incentive Plan Issuer
Echo Voted -- For For 3) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2012 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
Echo Voted -- For For 4) Ratify the selection of Grant Thornton LLP as independent Issuer
registered public accounting firm
COMPANY NAME MEETING DATE CUSIP TICKER
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COMPASS DIVERSIFIED 30-MAY-12 20451Q-104 CODI
HOLDINGS
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect C. Sean Day as director Issuer
Echo Voted -- For For 1.2) Elect D. Eugene Ewing as director Issuer
Echo Voted -- For For 2) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2012 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
Echo Voted -- For For 4) Ratify the selection of Grant Thornton LLP as independent Issuer
registered public accounting firm
COMPANY NAME MEETING DATE CUSIP TICKER
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HERCULES TECHNOLOGY 30-MAY-12 427096-508 HTGC
GROWTH CAPITAL, INC.
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1) Elect Allyn Woodward, Jr. as director Issuer
Echo Voted -- For For 2) Ratify the selection of PwC (PricewaterhouseCoopers LLP)
as the independent registered public accounting firm. Issuer
Echo Voted -- For For 3) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2012 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
Echo Voted -- For For 4) Authorize the Company, with approval of the board of Issuer
directors, to sell or otherwise issue up to 20% of the
Company's outstanding common stock at a price below the
Company's then current net asset value per share
Echo Voted -- For For 5) Authorize the Company, with approval of the board of Issuer
directors, to offer and issue debt with warrants or debt
convertible into shares of its common stock at an exercise or
conversion price that, at the time such warrants or
convertible debt are issued, will not be less than the market
value per share but may be below the Company's then current
NAV per share.
COMPANY NAME MEETING DATE CUSIP TICKER
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MCG CAPITAL CORPORATION 30-MAY-12 58047P-107 MCGC
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" [VOTED PROPOSED BY ISSUER OR
/ AGAINST OPPOSITION BALLOT] SECURITY HOLDER
----------
Echo Voted -- For For 1) Elect A. Hugh Ewing, III as director Issuer
Echo Voted -- For For 2) Elect Kenneth O'Keefe as director Issuer
Echo Voted -- For For 3) Elect Gavin Saitowitz as director Issuer
Echo Voted -- For For 4) Ratify the selection of Ernst & Young LLP as the
independent registered public accounting firm. Issuer
Echo Voted -- For For 5) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2012 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
COMPANY NAME MEETING DATE CUSIP TICKER
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BLACKROCK KELSO CAPITAL 31-MAY-12 092533-108 BKCC
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect William Mayer as director Issuer
Echo Voted -- For For 1.2) Elect F. De Saint Phalle as director Issuer
Echo Voted -- For For 2) Authorize flexibility for the Company, with approval of Issuer
the Board of Directors, to sell or otherwise issue shares of
its common stock (during the next 12 months) at a price below
the Company's then current net asset value per share in one
or more offerings, subject to certain limitations set forth
in the proxy statement.
Echo Voted -- For For 3) Ratify the selection of Deloitte & Touche LLP as Issuer
independent registered public accounting firm
COMPANY NAME MEETING DATE CUSIP TICKER
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ARES CAPITAL CORPORATION 04-JUN-12 04010L-103 ARCC
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Gregory Penske as director Issuer
Echo Voted -- For For 1.2) Elect Robert Rosen as director Issuer
Echo Voted -- For For 1.3) Elect Bennett Rosenthal as director Issuer
Echo Voted -- For For 2) Ratify the selection of KPMG LLP as the independent
registered public accounting firm. Issuer
Echo Voted -- For For 3) Authorize the Company, with approval of the Board of Issuer
Directors, to sell or otherwise issue shares of its common
stock at a price below its then current net asset value per
share subject to the limitations set forth in the proxy
statement.
COMPANY NAME MEETING DATE CUSIP TICKER
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FIDUS INVESTMENT CORP. 06-JUN-12 316500-107 FDUS
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1) Elect Charles Hyman as director Issuer
Echo Voted -- For For 2) Authorize the Company, pursuant to approval of the Board Issuer
of Directors, to sell or otherwise issue shares of its common
stock during the next year at a price below its then
current net asset value per share, subject to certain
conditions as set forth in the proxy statement.
Echo Voted -- For For 3) Authorize the Company to issue warrants, options or rights Issuer
to subscribe to, convert to, or purchase the Company's common
stock in one or more offerings.
COMPANY NAME MEETING DATE CUSIP TICKER
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THL CREDIT, INC. 07-JUN-12 872438-106 TCRD
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect James Hunt as director Issuer
Echo Voted -- For For 1.2) Elect Keith Hughes as director Issuer
Echo Voted -- For For 2) Amend the Company's Amended and Restated Certificate of Issuer
Incorporation to eliminate classification of the Board of
Directors
Echo Voted -- For For 3) Ratify the selection of PwC (PricewaterhouseCoopers LLP) Issuer
as the independent registered public accounting firm.
Echo Voted -- For For 4) Authorize the Company to sell or otherwise issue up to 25% Issuer
of the Company's outstanding common stock at a price below
the Company's then current NAV.
Echo Voted -- For For 5) Authorize the Company to offer and issue debt with Issuer
warrants or debt convertible into shares of its common stock
at an exercise or conversion price that, at the time such
warrants or convertible debt are issued, will not be less
than the market value per share but may be below the
Company's then current NAV per share.
COMPANY NAME MEETING DATE CUSIP TICKER
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MEDALLION FINANCIAL CORP. 08-JUN-12 583928-106 TAXI
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Stanley Kreitman as director Issuer
Echo Voted -- For For 1.2) Elect Frederick Menowitz as director Issuer
Echo Voted -- For For 1.3) Elect David Rudnick as director Issuer
Echo Voted -- For For 2) Ratify the selection of Weisermazars LLP as the Issuer
independent registered public accounting firm.
Echo Voted -- For For 3) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2012 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
Echo Voted -- 1 year 3 years 4) Select the preferred voting frequency -- one year, two Issuer
years, three years or abstain -- as to when the company shall
hold a shareholder vote to approve the compensation of the
named executive officers.
COMPANY NAME MEETING DATE CUSIP TICKER
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HORIZON TECHNOLOGY FINANCE 11-JUN-12 44045A-102 HRZN
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Gerald Michaud as director Issuer
Echo Voted -- For For 1.2) Elect Edmund Mahoney as director Issuer
Echo Voted -- For For 1.3) Elect Elaine Sarsynski as director Issuer
Echo Voted -- For For 2) Ratify the selection of McGladrey & Pullen, LLP as the Issuer
independent registered public accounting firm.
COMPANY NAME MEETING DATE CUSIP TICKER
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HORIZON TECHNOLOGY FINANCE 11-JUN-12 44045A-102 HRZN
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "SPECIAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1) Authorize the Company, with approval of its board of Issuer
directors, to sell shares of its common stock at a price or
prices below the then current net asset value per share in
one or more offerings, subject to certain conditions as set
forth in the proxy statement.
COMPANY NAME MEETING DATE CUSIP TICKER
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MAIN STREET CAPITAL 15-JUN-11 56035L-104 MAIN
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
unvoted - custodian For 1.1) Elect Michael Appling Jr. as director Issuer
administrative error
unvoted - custodian For 1.2) Elect Joseph Canon as director Issuer
administrative error
unvoted - custodian For 1.3) Elect Arthur French as director Issuer
administrative error
unvoted - custodian For 1.4) Elect J. Kevin Griffin as director Issuer
administrative error
unvoted - custodian For 1.5) Elect Vincent Foster (Chairman & CEO) as director Issuer
administrative error
unvoted - custodian For 1.6) Elect Todd Reppert (President & CFO) as director Issuer
administrative error
unvoted - custodian For 2) Authorize the Company, with the approval of the Board of Issuer
administrative error Directors, to sell shares of its common stock during the next
12 months at a price below the then current net asset value
(NAV) per share, subject to certain limitations described in
the accompanying proxy statement.
COMPANY NAME MEETING DATE CUSIP TICKER
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KOHLBERG CAPITAL 15-JUN-12 500233-101 KCAP
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Christopher Lacovara as director Issuer
Echo Voted -- For For 1.2) Elect Dayl Pearson as director Issuer
Echo Voted -- For For 2) Approve, on an advisory basis, the compensation of named Issuer
executive officers, as disclosed in the company's Proxy
Statement for the 2012 Annual Meeting of Shareholders
pursuant to the compensation disclosure rules of the
Securities and Exchange Commission.
Echo Voted -- For For 3) Approve an amendment of Article I of the Certificate of Issuer
Incorporation of Kohlberg Capital Corporation to change the
Company's name to KCAP Financial, Inc.
Echo Voted -- For For 4) Ratify the selection of Grant Thornton LLP as independent Issuer
registered public accounting firm
COMPANY NAME MEETING DATE CUSIP TICKER
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KOHLBERG CAPITAL 22-JUN-12 500233-101 KCAP
CORPORATION
VOTE MANAGEMENT FOR PROPOSALS AT "SPECIAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1) Authorize the Company, with approval of its board of Issuer
directors, to sell shares of its common stock, par value
$0.01 per shares, or warrants, options or rights to acquire
such common stock at a price below the then current net asset
value per share of such common stock, subject to certain
limitations described in the proxy statement.
COMPANY NAME MEETING DATE CUSIP TICKER
------------------------------ -------------- -------------------------------------------------------------- ----------------------
TICC CAPITAL CORP. 27-JUN-12 87244T-109 TICC
VOTE MANAGEMENT FOR PROPOSALS AT "ANNUAL MEETING OF SHAREHOLDERS" PROPOSED BY ISSUER OR
/ AGAINST SECURITY HOLDER
Echo Voted -- For For 1.1) Elect Jonathan Cohen as director Issuer
Echo Voted -- For For 1.2) Elect G. Peter O'brien as director Issuer
Echo Voted -- For For 2) Ratify the selection of PwC (PricewaterhouseCoopers LLP) Issuer
as the independent registered public accounting firm.
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.
(Registrant) FIRST TRUST SPECIALTY FINANCE
AND FINANCIAL OPPORTUNITIES FUND
---------------------------------------
By (Signature and Title)* /s/ Mark R. Bradley
-----------------------------------
Mark R. Bradley, President
Date July 24, 2012
-------------------------
* Print the name and title of each signing officer under his or her signature.