The Swiss Helvetia Fund, Inc.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-05128

The Swiss Helvetia Fund, Inc.

(Exact name of registrant as specified in charter)

1270 Avenue of the Americas, Suite 400

New York, NY 10020

(Address of principal executive offices) (Zip code)

Rudolf Millisits, COO

Hottinger Capital Corp.

1270 Avenue of the Americas, Suite 400

New York, NY 10020

(Name and address of agent for service)

Registrant’s telephone number, including area code: 212-332-2760

Date of fiscal year end: December 31

Date of reporting period: July 1, 2010 – June 30, 2011

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 (§§ 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. § 3507.

 

 

 

PROXY VOTING RECORD

FOR PERIOD JULY 1, 2010 TO JUNE 30, 2011

6/30/09 - 6/30/10 - ORDINARY GENERAL MEETINGS

 

Ticker

  

ISIN

  

HOLDINGS

  

Nb of
Shares

  

Date of
AGM
2011

  

Agenda

  

Proposed by
the
issuer (I)

or the

shareholder

(S)

  

Whether
the fund
cast its
vote on
the
matter

  

How

did

the
Fund
vote

  

Whether

the fund
cast its
vote for

or

against
board

  

Date
Proxy
Was
Received

  

Date

Proxy
Was

Sent In

  

Reason

for not

voting/

How
the

fund

would
have
voted

    BANKS                    

CSGN

   CH0012138530   CREDIT SUISSE GROUP   300,000   4/29/2011     I   YES     FOR   4/5/2011   4/5/2011   N/A
          1. Annual report, parent company’s 2010 financial statements and Group’s 2010 consolidated financial statements and Group’s 2010 consolidated financial statements       YES        
          1.1 Presentation of the annual report, the parent compnay’s 2010 financial statements, the Group’s 2010 consolidated financial statements and the 2010 remuneration report       YES        
          1.2 Consultative vote on the 2010 remuneration report       YES        
          1.3 Approval of the annual report, the parent company’s 2010 financial statements and the Group’s 2010 consolidated financial statements       YES        
          2. Discharge of the acts of the Members of the Board of Directors and Executive Board       YES        
          3. Appropriation of retained earnings and distribution against reserves from capital contributions       YES        
          3.1 Resolution on the appropriation of retained earnings       YES        
          3.2 Resolution on the distribution against reserves from capital contributions       YES        
          4. Changes in share capital       YES        
          4.1 Increase of conditional capital for the purpose of contingent convertible bonds       YES        
          4.2 Renewing the authorized capital       YES        
          4. Other amendment of the Articles of Association       YES        
          5. Elections       YES        
          5.1 Elections to the Board of Directors       YES        
          5.2 Election of the independent auditors       YES        
          5.3 Election of the special auditors       YES        

UBSN

   CH0024899483   UBS AG   1,130,000   4/28/2011     I   YES     FOR   4/15/2011   4/15/2011   N/A
          1. Annual report, Group and Parent bank accounts for financial year 2010; Reports of the statutory auditors       YES        
          1.1 Approval of annual report and Group and Parent bank accounts       YES        
          1.2 Advisory vote on the compensation report 2010       YES        
          2, Appropriation of retained earnings       YES        
          3. Discharge of the members of the Board of Directors and the Group Executive Board for the financial year 2010       YES        
          4. Elections       YES        
          4.1 Election of the Board of Directors       YES        
          4.2 Re-election of the auditors, Ernst and Young Ltd.       YES        
    BIOTECHNOLOGY                    

ADXN

   CH0029850754   ADDEX PHARMACEUTICALS   352,155   4/28/2011     I   YES     FOR   4/15/2011   4/15/2011   N/A
          1. Approval of the Annual Report, the Annual Financial Statements and the Consolidated Financial Statements for the business year 2010       YES        
          2. Appropriation of the results       YES        
          3. Discharge to the members of the Board of Directors and the Executive Management       YES        
          4. Elections to the Board of Directors       YES        
          5. Election of the Auditors       YES        
          6. Ammendments to the Articles       YES        
          6.1 Renewal and increase of the authorized share capital       YES        
          6.2 Increase of the conditional share capital       YES        
          6.3 Creation and issue of new Bons de Jouissance       YES        
          7. Miscellaneous       YES        

   

CHEMICALS

                    

GIVN

   CH00106455932   Givaudan SA   1,500   3/24/2011     I     YES   FOR   3/10/2011   3/10/2011   N/A
          1. Approval of annual report (including remuneration), annual accounts and consolidated accounts 2010       YES        
          2. Advisory vote on remuneration principals as outlined in the report on remuneration       YES        
          3. Discharge of the Board of Directors       YES        
          4. Appropriation of retained earnings and distribution from capital reserves released additional. The Board of Directors proposes a distribution of CHF 21.50 per share taken on additional paid-in-capital reserves       YES        
          5. Amendments to the statutes       YES        
          5.1 Amendment of Article 13 para. 1 of the Articles of Incorporation       YES        
          5.2 Amendment of S. 13 para. 2 of the Articles of Incorporation       YES        
          6. Election to the Board of Directors of Mrs. Lilian Fossum Biner as new board member for three years, and re-election of Mr. Hennerbeck, for a year, according to the amended Articles, and re-election of Nabil Sakkab for a term of three years. Elections are held individually       YES        
          7. Election of the auditors. Proposal of the Board of Directors re-election of Deloitte SA auditors for the year 2011       YES        

SYNN

   CH0011037469   Syngenta AG   61,300   4/19/2011     I   YES     FOR   4/5/2011   4/5/2011   N/A
          1. Annual Report 2010       YES        
          2. Discharge of the members of the Board of Directors and the Executive Committee       YES        
          3. Reduction of share capital by cancellation of repurchased shares       YES        
          4. Appropriation of the available earnings as per balance sheet 2010; conversion and appropriation of reserves from capital contribution divident from reserves from capital contributions       YES        
          5. Elections to the Board of Directors       YES        
          6. Election of the external auditor       YES        

    FOOD AND BEVERAGES                  
LISN   CH0010570759   Lindt Spruengli AG   135   4/28/2011      

I

 

  

NO

 

              

 

Meeting advice

was not received

          1. Approval of the annual report, the financial statements of Chocoladefabriken Lindt & Sprungli AG and the group consolidated financial statements of the Lindt & Sprungli group for the business year 2010 audit reports considered              
          2. Discharge of The board of directors              
          3. Distribution of net earnings of Chocoladefabriken Lindt & Sprungli AG              
          4. Re-election of two members of the board of directors              
          4.1. Re-election of Mr. Antonio Bulgheroni              
          4.2 Re-election of Mr. Ernst Tanner              
          5. Re-election of auditor              

NESN

   CH0038863350   Nestle SA   1,231,000   4/14/2011     I   NO        

Meeting advice

was not received

          1. Annual Report 2010              
          1.1 Annual Report, financial statements of Nestle S.A. and consolidated financial statements of the Nestle Group for 2010; reports of the statutory auditors              
          1.2 Advisory vote on the Compensation Report 2010              
          2. Release of the Board of Directors and of the Management              
          3. Appropriation of profits resulting from the balance sheet of Nestle S.A.              
          4. Elections              
          4.1 Re-elections to the Board of Directors              
          4.2 Elections to the Board of Directors              
          4.3 Re-election of the statutory auditors              
          5. Capital reduction              

    FINANCIAL SERVICES                    

ALLN

   CH0008837566   Allreal Holdings AG   14,700   3/25/2011     I   YES     FOR   3/10/2011   3/10/2011  
          1. Annual report,       YES        
          2. Appropriation of net profit in 2010       YES        
          3. Before distribution to the shareholders presentation on net income to a new account       YES        
          4. Discharge of the members of the board and CEO       YES        
          5. Elections       YES        
          5.1 Board       YES        
          5.11 Re-election of Dr. Jacob Baer       YES        
          5.12 Re-election of Albert Leiser       YES        
          5.2. Re-election of the independent financial auditor KPMG for a term of one year       YES        

SQN

   CH0010675863   Swissquote Group Holding SA   118,000   5/6/2011     I   YES     FOR   4/14/2011   4/15/2011   N/A
          1. Presentation       YES        
          1.1 From the annual report for 2010 including the management report, annual accounts, and consolidated accounts group       YES        
          1.2 From remuneration report for the year 2010 (deferred compensation)       YES        
          2. Reports from the auditors       YES        
          3. Decisions       YES        
          3.1 Approval of the annual report for 2010; the Board of Directors proposes that the annual report for fiscal 2010       YES        
          3.2 Advisory vote on the remuneration report for 2010; the Board of Directors proposes that the remuneration report for fiscal 2010       YES        
          3.3 Approval of the use of retained earnings       YES        
          3.4 Discharge of the Board of Directors and the branch       YES        
          4. Elections       YES        
          4.1 Election to the Board of Directors       YES        
          4.2 Re-election of PriceWaterhouseCooper SA Pully as branch auditors for fiscal 2011       YES        

    CONSTRUCTION AND MATERIALS                    

BEAN

   CH0001503199   Belimo Holdings   2,850   4/4/2011     I   YES     FOR   3/22/2011   3/22/2011   N/A
          1. Approval of the annual report including the financial statements, management report and consolidated financial statements for 2010.       YES        
          2. Resolution on appropriation of available earnings       YES        
          3. Discharge of the Board of Director       YES        
          4. Election to the Board of Directors       YES        
          5. Election of the statutory auditors       YES        

FORN

   CH0003541510   Forbo   5,498   4/29/2011     I   YES     FOR   4/11/2011   4/15/2011   N/A
          1. Reporting on the financial year 2010       YES        
          1.1 Annual Report, Annual Statements and Consolidated Financial Statements for the Financial Year 2010 and receipt of the Reports of the Statutory Auditor       YES        
          1.2 Consultative vote on the remuneration report of 2010       YES        
          2. Discharge of the members of the Board of Directors and the members of the Executive Board       YES        
          3. Appropriation of available earnings, allocation from the general capital contribution reserves to free capital contribution reserves and withholding tax-free distribution of a dividend from free capital contribution reserves       YES        
          4. Capital reductions as a result of the share buyback program and corresponding amendment to the articles of association       YES        
          5. Approval of a new share buyback program       YES        
          6. Elections to the Board of Directors       YES        
          7. Election of the statutory auditor       YES        

WFT

   CH0038838394  

Weatherford

Internation Ltd

   509,700   5/25/2011     I   YES     FOR      
          1. Approve the annual report, the consolidated financial statements for the fiscal year 2010 and the statutory financial statements of Weatherford International Ltd for fiscal year 2010       YES     5/3/2011   5/3/2011   N/A
          2. Discharge of the Board of Directors and executive officers from liability for the year ended December 31, 2010       YES        
          3. Elect Directors       YES        
          4. Appoint Ernst Young LLP as our independent registered public accounting firm and re-elect Ernst Young Ltd, Zurich as Weatherford Switzerland’s statutory auditor       YES        
          5. Adopt an advisory resolution approving the compensation of the named executive officers       YES        
          6. Advisory vote on the frequenct of future advisory votes on named executive officer compensation       YES        
          7. Any other matter that may properly come before the meeting       YES        

BUCN

   CH0002432174   Bucher Industries AG   3,000   4/14/2011     I   YES     FOR   3/23/2011   4/1/2011   N/A
          1.1 Approval of the annual report, the consolidated financial statement and annual accounts 2010       YES        
          1.2 Remuneration report 2010       YES        
          2. Discharge of the Board of Directors and Executive Committee       YES        
          3. Appropriation of profit       YES        
          4. Re-election of a member of the Board       YES        
          5. Election of a member of the Board       YES        
          6. Appointment of auditors       YES        

AFGN

   CH0110240600   AFG Arbonia-Forster Holding AG   1,401   4/29/2011     I   YES     FOR   4/11/2011   4/12/2011   N/A
          1. Approval of the annual report, annual accounts and the financial statements 2010       YES        
          2. Discharge of the Board of Directors       YES        
          3. Use of general reserves, reserves from capital contributions and of profits       YES        
          3.1 Allocation from the general statutory reserves to the reserves from capital contribution       YES        
          3.2 Withholding tax-free dividends from the reserves from capital contributions       YES        
          3.3 Years in 2010 profit brought forward from the previous year net profit carried forward       YES        
          4. Appointment of auditors       YES        
          5. Miscellaneous       YES        
   

INDUSTRIAL GOODS &

SERVICES

                    

SGSN

   CH0002497458   SGS SA   3,200   3/15/2011     I   YES     FOR   3/1/2011   3/1/2011   N/A
          1. Approval of the 2010 Annual Report and accounts of SGS SA and of the consolidated accounts of the SGS Group       YES        
          2. Approval of the Group 2010 report on renumeration       YES        
          3. Discharge of the members of the Board of Directors and of the management       YES        
          4. Decision on the appropriation of profits from the Balance Sheet of SGS SA       YES        
          5. Election to the Board of Directors       YES        
         

6. Election of Auditors

       YES        
          7. Amendment of the Article 5ter of the Articles of Incorporation (authorized share capital)       YES        

SUN

   CH0038388911   Sulzer Ltd   66,500   4/14/2011     I   YES     FOR   3/23/2011   4/1/2011   N/A
          1. Annual report 2010       YES        
          1.1 Annual report, annual accounts and consolidated financial statements 2010; reports of the company’s auditors       YES        
          1.2 Advisory vote on the compensation report 2010       YES        
          2. Appropriation of net profits       YES        
          3. Diescharge       YES        
          4. Elections of the Board of Directors       YES        
          4.1 Re-elections to the Board of Directors       YES        
          4.2 Election of one new member to the Board of Directors       YES        
          5. Re-election of auditors       YES        
          6. Miscellaneous       YES        

ABBN

   CH0012221716   ABB Ltd   718,500   4/29/2011     I   YES     FOR   4/7/2011   4/12/2011   N/A
          1. Reporting for fiscal 2010       YES        
          2.1 Approval of the annual report, the consolidated financial statements, and the annual financial statements for 2010       YES        
          2.2 Consultative vote on the 2010 remuneration report       YES        
          3. Discharge of the board of directors and the persons entrusted with management       YES        
          4. Appropriation of available earnings and conversion of capital contribution reserve       YES        
          5. Creation of additional contigent share capital in connection with employee participation       YES        
          6. Renewal of authorized share capital       YES        
          7. Re-elections and election to Board of Directors       YES        
          7.1 Re-elections to the Board of Directors       YES        
          7.2 Election to the Board of Directors       YES        
          8. Re-election of the auditors       YES        

BCHN

   CH0025536027   Burckhardt Compression Holding   34,300   7/2/2011     I     YES   FOR   6/22/2011   6/22/2011   N/A
          1. Welcoming and statements to the general meeting       YES        
          2.1 Approval of the annual report 2010       YES        
          2.2 Consultative vote on the approval of the compensation reports       YES        
          3. Appropriation of the balance sheet Profit       YES        
          4. Release of the Board of Directors and of the management       YES        
          5. Renewal of the approved capital       YES        
          6. Elections of the auditors: PricewaterhouseCoopers       YES        
          7. Ad-hoc       ABSTAIN        

IFCN

   CH0011029946   Inficon Holding   6,440   4/28/2011     I   YES     FOR   4/15/2011   4/15/2011   N/A
          1. Approval of Annual Report, Annual Accounts of Inficon Holding AG and the Consolidated Statements of Inficon Group for the financial year 2010       YES        
          2. Discharge of the Members of the Board of Directors       YES        
          3. Appropriation of retained earnings of Inficon Holding AG / Distributions from the reserves from capital contributions       YES        
          3.1 The Board of Directors proposes, first, the amount of CHF 22,000,000 from retained earnings of the general legal reserve and assign the remaining profit of CHF 9,802,125 to new account       YES        
          3.2 The Board of Directors proposes, secondly, the amount of CHF 242,431,133 of the general legal reserves in reserves from capital contributions       YES        
          3.3 The Board of Directors proposes a dividend out of reserves from capital contributions. This, he contends, thirdly a chargeback for an amount of CHF 21.7 million in retained earnings. Fourth, the Board proposes the release of these CHF 21.7 million and of CHF 10.00 per share to make. As an ex-date is the 2nd May, 2011. As record-date of the 4th May, 2011, and the dividend payment date as the 5th May 2011 proposed       YES        
          4. Statutes changed due to the introduction of the securities act       YES        
          5. Election and Re-Elections to the Board of Directors for a period of one year       YES        
          6. Re-election of Auditors       YES        

KNIN

   CH0025238863   Kuehne & Nagel International AG   54,744   5/10/2011     I   YES     FOR   5/3/2011   5/3/2011   N/A
          1. Approval of the annual report, annual financial statement and the consolidated financial statement for business year 2010       YES        
          2. Resolution regarding the distribution of the balance sheet profit       YES        
          2.1 Proposed resolution for appropriation of earnings and allocation to capital contribution reserves       YES        
          2.2 Proposed resolution regarding the distribution of capital contribution reserves       YES        
          3. Resolution on the discharge of the board of directors and the members of the management board       YES        
          4. Elections to the administrative board       YES        
          5. Appointment of the auditors       YES        

SWTQ

   CH0010754924  

Schweiter

Technologies AG

   6,464   5/12/2011     I   YES     FOR   5/3/2011   5/3/2011   N/A
          1. Welcome by the President       YES        
          2. Coverage of the 2010 financial year       YES        
          3. Approval of the annual report 2010, the financial statements 2010 and the consolidated financial statements 2010 and taking note of the reports of the auditors       YES        
          4. Discharge of the Board of Directors       YES        
          5. Renewal of the authorized capital       YES        
          6. Use of reserves from capital contribution       YES        
          7. Elections of Board       YES        

ZEH

   CH0002352935   Zehnder Group AG   2,757   5/20/2011     I   YES     FOR   5/11/2011   5/11/2011   N/A
          1. Approval of the 2010 annual report (Parent Company accounts, annual report, consolidated financial statements)       YES        
          2. Discharge of the Board of Directors       YES        
          3. Appropriation fo the balance sheet proft, reduction of share capital, and repayment of par value, share split, and amendment of the articles of association       YES        
          3.1 Appropriation of balance sheet profit       YES        
          3.2 Reduction of share capital and repayment of par value       YES        
          3.3 Share split       YES        
          3.4 Amendment of the Articles of Association       YES        
          4. Elections       YES        
          4.1 Board of Directors       YES        
          4.2 Election of the statutory auditor       YES        
    INSURANCE                    

ZURN

   CH0011075394   Zurich Financial Services   67,800   3/31/2011     I   YES     FOR   3/21/2011   3/21/2011  
          1. Report on the Financialyear 2010       YES        
          1.1 Approval of the annual report, the annual financial statements and the consolidated financial statements for 2010, and the aknowledgement of the auditor’s reports.       YES        
          1.2 Adisory vote on the renumeration system according to the renumeration report.       YES        
          2. Appropriation of available earnings for 2010, allocatios and appropriation of reserves from capital contributions.       YES        
          2.1 Appropriation of annual earnings for 2010 allocation to reserves from capital contributions       YES        
          2.2 Allocation to and appropriation of resereves from capital contributions       YES        
          3. Dsicharge of members of the board of directors and of the group executive committee       YES        
          4. Changes to the Articles of Incorporation       YES        
          4.1 Deletion of article 25 para. 2       YES        
          4.2 Deletion of article 27 BIS       YES        
          5. Re-election of Board of Directors       YES        
          5.2 Re-election of auditors       YES        

SLHN

   CH0014852781   Swiss Life Holding AG   40,210   5/5/2011     I   YES     FOR   4/14/2011   4/15/2011  
          1. Annual report 2010 including the remuneration report, the auditors reports       YES        
          1.1 Business report 2010 (annual report, consolidated financial statements and financial statements)       YES        
          1.2 Remuneration report       YES        
          2. Appropriation of retained earnings, capital reduction of par value repayment       YES        
          2.1 Use of profits       YES        
          2.2 Capital repayment by par value reduction, amendment       YES        
          3. Discharge of the members of the board       YES        
          4. Reclassification of equity (capital contribution of the reaction principle       YES        
          5. Elections to the board       YES        
          6. Appointment of auditors       YES        
   

PERSONAL AND

HOUSEHOLD GOODS

                    

UHR

   CH0012255151   Swatch Group   30,800   5/31/2011     I   YES     FOR   5/9/2011   5/9/2011   N/A
          1. 2010 Annual Report       YES        
          2. Discharge of the Board of Directors       YES        
          3. Resolution for the appropriation of the net profit       YES        
          5. Nomination of the Statutory Auditors: PricewaterhouseCoppers Ltd       YES        
          6. Ad-Hoc       ABSTAIN        

CFR

   CH0045039655   COMPAGNIE FINANCIER RICHMONT SA   310,000   9/8/2010     I   YES     FOR   7/6/2011   7/6/2011   N/A
          1.1 Approval the consolidated financial statements of the Group, the financial statmenets of the Company and the directors’ report for the business year ended 31 March 2011       YES        
          1.2 Proposal, by the Board of Directors, that the compensation report, as per pages 46 to 51 of the Annual Report and Accounts 2011, be ratified       YES        
          2. Appropriation of profits       YES        
          3. Discharge of the Board of Directors       YES        
          4. Election to the Board of Directors       YES        
          5. Re-election of Pricewaterhouse Coopers as auditors       YES        

—  

     PHARMACEUTICALS                    

NOVN

   CH0012005267   Novartis   1,021,500   2/22/2011     I   YES     FOR   2/15/2011   2/15/2011   N/A
          1. Approval of the Annual Report, the Financial Statements of Novartis AG and the Group Consolidated Financial Statements for the Business Year 2009       YES        
          2. Discharge from Liablility of the Members of the Board of Directors and the Executive Committee       YES        
          3. Appropriation of Available Earnings of Novartis AG as per Balance Sheet and Declaration of Dividend       YES        
          4. Consultative vote on the compensation system       YES        
          5. Election to the Board of Directors       YES        
          5.1 Retirements       YES        
          5.2 Re-elections       YES        
         

5.3 Election of new member

              
         

6. Appointment of the Auditor

              

ROG

   CH0012032048   Roche Holding Ltd.   137,800   3/1/2011     I   YES     FOR   2/23/2011   2/23/2011   N/A
          1. Approval of the Annual Report, Anual Financial Statements and Consolidated Statements for 2010 and the Renumeration Report       YES        
          2. Ratification of the Board of Directors’ actions       YES        
          3. Vote on the appropriation of Available Earnings       YES        
          4. Amendment to the Articles of Incorporation       YES        
          5. Election of Directors       YES        
          6. Election of Statutory Auditors       YES        

BSLN

   CH0011432447   Basilea Pharmaceuticals   48,500   4/6/2011     I   YES     FOR   3/22/2011   3/22/2011   N/A
          1. Annual report, Financial Statements and Consolidated Financial Statements              
          2. Apporpriation of the results              
          3. Release of the members of the Board of Directors and of management              
          4. Election to the board of Directors              
          4.1 Re-elect Mr. Steven D. Skolsky              
          4.2 Re-elect Dr. Anthony Man              
          4.3 Re-elect Mr. Ronald Sacott              
          5. Election of statutory auditors, Price Waterhouse Coopers              
          6. Renewal of the otherwise unchanged authorized share capital              

    RETAIL                    

GALN

   CH0015536466   Galenica AG   24,950   5/5/2011     I   YES     FOR   4/15/2011   4/15/2011   N/A
          1. Annual Report, Annual Accounts 2010 of the Galencia AG, Financial Statements 2010, the Galenica Group for 2010; Reports of the Auditors       YES        
          2. Remuneration report       YES        
          3. Discharge of the Board of Directors and the General       YES        
          4. Resolution on the appropriation of Net Profit in 2010       YES        
         

5. Elections

       YES        
          5.1 Re-election to the Board of Directors       YES        
          5.2 Auditors       YES        

VALN

   CH0002088976   Valora Holding AG   9,000   4/15/2011     I   YES     FOR   4/5/2011   4/5/2011   N/A
          1. Approval of the 2010 annual report and the financial statements of Valora Holding AG, of the 2010 consolidated financial statements of the Valora Group, and of the remuneration report       YES        
          1.1 Approval of the annual report, the financial statements of Valora Holding AG and the consolidated financial statements of the Valora Group       YES        
          1.2 Remuneration report (for approval by consultative vote)       YES        
          2. Resolution on the appropriation of the profit of Valora Holding AG availavle for distribution       YES        
          3. Discharge of the members of the Board of Directors and of Group Executive Management from their responsibility for conduct of business       YES        
          4. Repurchase of company shares       YES        
          5. Authorized share capital increase       YES        
          6. Elections to the Board of Directors       YES        
          7. Election of the statutory and group auditors       YES        

    TECHNOLOGY                    

HUBN

   CH0030380734   Huber Suhner AG   94,000   4/13/2011     I   YES     FOR   3/30/2011   4/1/2011   N/A
          1. Annual report, annual accounts and consolidated accounts 2010 as well as report of the auditors       YES        
          2. Allocation of profits       YES        
          3. Discharge to the members of the Board of Directors and of the Executive Group Management       YES        
          4. Elections       YES        
          4.1 Re-election of Rolf Seiffert       YES        
          5. Election of the auditors       YES        

MBTN

   CH0108503795   Meyer Burger Technology AG   121,000   4/21/2011     I   YES     FOR   3/30/2011   4/1/2011   N/A
          1. Approval of the annual report 2010, the financial statements 2010, and the consolidated financial statements 2010. Presentation of the reports of the auditors       YES        
          2. Appropriation of profit       YES        
          3. Discharge of the members of the Board and Chief Executive Officer       YES        
          4. Election to the Board       YES        
          5. Appointment of auditors       YES        

TEMN

   CH0012453913   Temenos Group AG   149,500   6/17/2011     I   YES     FOR   5/27/2011   5/27/2011   N/A
          1. 2010 annual report, 2010 annual financial statements (including the remuneration report), 2010 consolidated financial statements and the auditors report       YES        
          2. Approve allocation of Income and Omission of Dividends       YES        
          3. Approve transfer of CHF 21.1 million from retained earnings to general reserve from capital contributions       YES        
          4. Discharge of members of the Board of Directors and senior management       YES        
          5. Approve creation of CHF 71.5 million pool of capital without preemptive rights       YES        
          6. Approve addition of CHF 8.9 million to existing pool of capital without preemptive rights for granting stock options to employees       YES        
          7. Elections and re-elections to the Board of Directors       YES        
          8. Ratify PricewaterhouseCoopers SA as the auditors       YES        

    Energy                    

RIGN

   CH0048265513   Transocean Ltd.   209,000   5/13/2011     I   YES     FOR   4/15/2011   4/15/2011   N/A
          1. Approval of the 2010 annual report including the consolidated financial staements of Transocean Ltd. For the fiscal year 2010 and the statutory financial statements of Transocean Ltd, for the fiscal year 2010       YES        
          2. Discharge of the members of the Board of Directors and the Executive Management from liability for activities during fiscal year 2010       YES        
          3. Appropriation of the available earnings for fiscal year 2010       YES        
          4. Proposed reallocation of reserve to free reserve to legal reserve , reserve from capital contributions       YES        
          5. Rescission of the distribution to shareholders in the form of a par value reduction as approved at the 2010 annual general meeting       YES        
          6. Release and allocation of legal reserve, reserve from capital contributions, to dividend reserve from capital contributions, dividend distribution out of the dividend reserve from capital contributions       YES        
          7. New authorized share capital       YES        
          8. Reduction of the maximum number of members of the Board of Directors to 9       YES        
          9. Elections to the Board of Directors       YES        
          10. Appointment of Ernst and Young LLP as auditors for the fiscal year 2011       YES        
          11. Advisory vote on executive compensation       YES        
          12. Advisory vote on frequency of executive compensation vote       YES        

SIGNATURES

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)  

The Swiss Helvetia Fund, Inc.

    

 

By (Signature and Title)*  

        /s/ Rudolf Millisits

   
          Rudolf Millisits, Chief Executive Officer   

Date      August 31, 2011

* Print the name and title of each signing officer under his or her signature.