# EDGAR Filing Document

**Accession Number:** 0001464413
**File Stem:** 0001464413-25-000046
**Filing Date:** 2025-8
**Character Count:** 73442
**Document Hash:** 7b29964196aa64f3185fc68bb3573b59
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001464413-25-000046.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001464413-25-000046

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**EFFECTIVENESS DATE**: 20250827

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Starboard Investment Trust
- **CENTRAL INDEX KEY:** 0001464413

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22298
- **FILM NUMBER:** 251266562

**BUSINESS ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069
- **BUSINESS PHONE:** 252-972-9922 EXT.249

**MAIL ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001464413

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Registered Management Investment Company

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Starboard Investment Trust

**Address:** 116 S. Franklin Street, Rocky Mount, NC 27804

**Telephone number:** 252-984-3816

**Name of agent for service:** Paracorp Inc.

**Agent Address:** 2140 South Dupont Hwy., Camden, DE 19934

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 811-22298

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 549300IGQEISLESO0528

**Report Type (check only one):**

Institutional Manager.

- [ ] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [x] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                             | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                     | VOTE CATEGORY              |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ABRDN EMERGING MARKETS EQUITY INCOME, INC. | 00301W105 | 05/28/2025     | Election of Directors: C. William Maher                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          40629 |                0 | For         |                                    40629 | FOR                         |  |
| ABRDN NATIONAL MUNICIPAL INCOME FUND       | 24610T108 | 09/30/2024     | Election of Directors: Christian Pittard                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |           7070 |                0 | For         |                                     7070 | FOR                         |  |
| ABRDN NATIONAL MUNICIPAL INCOME FUND       | 24610T108 | 09/30/2024     | Election of Directors: Todd Reit                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS         |           7070 |                0 | For         |                                     7070 | FOR                         |  |
| ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND | 94987C103 | 02/03/2025     | Election of Directors: Timothy J. Penny                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          20711 |                0 | For         |                                    20711 | FOR                         |  |
| ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND | 94987C103 | 02/03/2025     | Election of Directors: James G. Polisson                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |          20711 |                0 | For         |                                    20711 | FOR                         |  |
| ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND | 94987C103 | 02/03/2025     | Election of Directors: Pamela Wheelock                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |          20711 |                0 | For         |                                    20711 | FOR                         |  |
| BlackRock Science  Technology Term Trust   | 09260K101 | 07/16/2024     | Election of Directors: R. Glenn Hubbard                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          90000 |                0 | Split       |                                    43839 | NONE                        |  |
| BlackRock Science  Technology Term Trust   | 09260K101 | 07/16/2024     | Election of Directors: W. Carl Kester                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |          90000 |                0 | Split       |                                    43839 | NONE                        |  |
| BlackRock Science  Technology Term Trust   | 09260K101 | 07/16/2024     | Election of Directors: John M. Perlowski                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |          90000 |                0 | Split       |                                    43839 | NONE                        |  |
| BlackRock Science  Technology Term Trust   | 09260K101 | 07/16/2024     | Miscellaneous Corporate Governance                                                                                                                                                                                                                                                                   | CORPORATE GOVERNANCE       |          90000 |                0 | Split       |                                    43839 | NONE                        |  |
| BNYM MUNI BOND INFRASTRUCTURE FD INC       | 09662W109 | 08/15/2024     | Election of Directors: Francine J. Bovich                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |         105015 |                0 | For         |                                   105015 | FOR                         |  |
| BNYM MUNI BOND INFRASTRUCTURE FD INC       | 09662W109 | 08/15/2024     | Election of Directors: Andrew J. Donohue                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |         105015 |                0 | For         |                                   105015 | FOR                         |  |
| BNYM MUNI BOND INFRASTRUCTURE FD INC       | 09662W109 | 08/15/2024     | Election of Directors: Roslyn M. Watson                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |         105015 |                0 | For         |                                   105015 | FOR                         |  |
| SRH Total Return Fund, Inc.                | 101507101 | 11/14/2024     | Election of Directors: Shane K. Quinlan                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |         110000 |                0 | For         |                                   110000 | FOR                         |  |
| SRH Total Return Fund, Inc.                | 101507101 | 11/14/2024     | Election of Directors: Steven K. Norgaard                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |         110000 |                0 | For         |                                   110000 | FOR                         |  |
| BROOKFIELD REAL ASSETS INCOME FUND         | 112830104 | 05/15/2025     | Election of Directors: Edward Kuczmarski                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |         115000 |                0 | For         |                                   115000 | FOR                         |  |
| BROOKFIELD REAL ASSETS INCOME FUND         | 112830104 | 05/15/2025     | Election of Directors: Stuart McFarland                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |         115000 |                0 | For         |                                   115000 | FOR                         |  |
| BROOKFIELD REAL ASSETS INCOME FUND         | 112830104 | 05/15/2025     | Election of Directors: Susan Schauffert-Tam                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS         |         115000 |                0 | For         |                                   115000 | FOR                         |  |
| CENTRAL SECURITIES CORPORATION             | 155123102 | 03/26/2025     | Election of Directors: L. Price Blackford                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |          40000 |                0 | For         |                                    40000 | FOR                         |  |
| CENTRAL SECURITIES CORPORATION             | 155123102 | 03/26/2025     | Election of Directors: Simms C. Browning                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |          40000 |                0 | For         |                                    40000 | FOR                         |  |
| CENTRAL SECURITIES CORPORATION             | 155123102 | 03/26/2025     | Election of Directors: Donald G. Calder                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          40000 |                0 | For         |                                    40000 | FOR                         |  |
| CENTRAL SECURITIES CORPORATION             | 155123102 | 03/26/2025     | Election of Directors: John C. Hill                                                                                                                                                                                                                                                                  | DIRECTOR ELECTIONS         |          40000 |                0 | For         |                                    40000 | FOR                         |  |
| CENTRAL SECURITIES CORPORATION             | 155123102 | 03/26/2025     | Election of Directors: Wilmot H. Kidd                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |          40000 |                0 | For         |                                    40000 | FOR                         |  |
| CENTRAL SECURITIES CORPORATION             | 155123102 | 01/08/1900     | Election of Directors: Wilmot H. Kidd IV                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |          40000 |                0 | For         |                                    40000 | FOR                         |  |
| CENTRAL SECURITIES CORPORATION             | 155123102 | 03/26/2025     | Election of Directors: David M. Poppe                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |          40000 |                0 | For         |                                    40000 | FOR                         |  |
| CENTRAL SECURITIES CORPORATION             | 155123102 | 03/26/2025     | Ratification of the appointment of KPMG LLP as independent registered public accounting firm for 2025                                                                                                                                                                                                | AUDIT-RELATED              |          40000 |                0 | For         |                                    40000 | FOR                         |  |
| CLOUGH GLOBAL DIVIDEND AND INCOME FD       | 18913Y103 | 07/08/2024     | Election of Directors: Karen A. DiGravio                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |         270880 |                0 | Split       |                                   270880 | NONE                        |  |
| CLOUGH GLOBAL DIVIDEND AND INCOME FD       | 18913Y103 | 07/08/2024     | Election of Directors: Kevin J. McNally                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |         270880 |                0 | Split       |                                   270880 | NONE                        |  |
| CLOUGH GLOBAL EQUITY FUND                  | 18914C100 | 07/08/2024     | Election of Directors: Adam D. Crescenzi                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |          53450 |                0 | Split       |                                    53450 | NONE                        |  |
| CLOUGH GLOBAL EQUITY FUND                  | 18914C100 | 07/08/2024     | Election of Directors: Jerry G. Rutledge                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |          53450 |                0 | Split       |                                    53450 | NONE                        |  |
| CLOUGH GLOBAL OPPORTUNITIES FUND           | 18914E106 | 07/08/2024     | Election of Directors: Edmund J. Burke                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |         313202 |                0 | Split       |                                   313202 | NONE                        |  |
| CLOUGH GLOBAL OPPORTUNITIES FUND           | 18914E106 | 07/08/2024     | Election of Directors: Clifford J. Weber                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |         313202 |                0 | Split       |                                   313202 | NONE                        |  |
| CLOUGH GLOBAL OPPORTUNITIES FUND           | 18914E106 | 07/08/2024     | Election of Directors: Vincent W. Versaci                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |         313202 |                0 | Split       |                                   313202 | NONE                        |  |
| DESTRA MULTI ALTERNATIVE FUND              | 25065A502 | 12/19/2024     | Election of Directors: Nicholas Dalmasco                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |         268000 |                0 | For         |                                   268000 | FOR                         |  |
| DIVIDEND AND INCOME FUND, INC.             | 25538A204 | 01/02/2025     | Election of Directors: Roger Atkinson                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |         130000 |                0 | For         |                                   130000 | FOR                         |  |
| DIVIDEND AND INCOME FUND, INC.             | 25538A204 | 01/02/2025     | Election of Directors: Jon Tomasson                                                                                                                                                                                                                                                                  | DIRECTOR ELECTIONS         |         130000 |                0 | For         |                                   130000 | FOR                         |  |
| DIVIDEND AND INCOME FUND, INC.             | 25538A204 | 01/02/2025     | Election of Directors: Peter Werner                                                                                                                                                                                                                                                                  | DIRECTOR ELECTIONS         |         130000 |                0 | For         |                                   130000 | FOR                         |  |
| DIVIDEND AND INCOME FUND, INC.             | 25538A204 | 01/02/2025     | Election of Directors: Thomas Winmill                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |         130000 |                0 | For         |                                   130000 | FOR                         |  |
| DIVIDEND AND INCOME FUND, INC.             | 25538A204 | 01/02/2025     | Election of Directors: William Winmill                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |         130000 |                0 | For         |                                   130000 | FOR                         |  |
| EAGLE CAPITAL GROWTH FUND INC              | 269451100 | 04/17/2025     | Election of Directors: Luke E. Sims                                                                                                                                                                                                                                                                  | DIRECTOR ELECTIONS         |           5259 |                0 | For         |                                     5259 | FOR                         |  |
| EAGLE CAPITAL GROWTH FUND INC              | 269451100 | 04/17/2025     | Election of Directors: Donald G. Tyler                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |           5259 |                0 | For         |                                     5259 | FOR                         |  |
| EAGLE CAPITAL GROWTH FUND INC              | 269451100 | 04/17/2025     | Election of DirectorsNeal F. Zalenko                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |           5259 |                0 | For         |                                     5259 | FOR                         |  |
| EAGLE CAPITAL GROWTH FUND INC              | 269451100 | 04/17/2025     | Ratification of the selection of Cohen  Co as independent registered public accountants for the Fund's year ending December 31, 2025                                                                                                                                                                 | AUDIT-RELATED              |           5259 |                0 | For         |                                     5259 | FOR                         |  |
| ECOFIN SUSTAINABLE  SOCIAL IMP TERM FD     | 27901F109 | 08/08/2024     | Election of Directors: Rand C. Berney                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |         140000 |                0 | For         |                                   140000 | FOR                         |  |
| ECOFIN SUSTAINABLE  SOCIAL IMP TERM FD     | 27901F109 | 08/08/2024     | To ratify the selection of Ernst  Young LLP as the independent registered public accounting firm of the Company for its fiscal year ending November 30, 2024                                                                                                                                         | AUDIT-RELATED              |         140000 |                0 | For         |                                   140000 | FOR                         |  |
| ECOFIN SUSTAINABLE  SOCIAL IMP TERM FD     | 27901F109 | 08/08/2024     | Declassify the Board of Directors                                                                                                                                                                                                                                                                    | CORPORATE GOVERNANCE       |         140000 |                0 | For         |                                   140000 | AGAINST                     |  |
| ECOFIN SUSTAINABLE  SOCIAL IMP TERM FD     | 27901F109 | 11/14/2024     | To consider and vote on a new sub-advisory agreement between Tortoise Capital Advisors, L.L.C. and a sub-advisor, RWC Asset Management LLP                                                                                                                                                           | INVESTMENT COMPANY MATTERS |         140000 |                0 | Against     |                                   140000 | AGAINST                     |  |
| FIRST TRUST ADVISORS LP                    | 33733G109 | 08/29/2024     | Approve Merger of Funds                                                                                                                                                                                                                                                                              | EXTRAORDINARY TRANSACTIONS |         242712 |                0 | Split       |                                   242712 | NONE                        |  |
| GABELLI FUNDS                              | 36249W104 | 05/12/2025     | Election of Directors: Kevin V. Dreyer                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |          39727 |                0 | For         |                                    39727 | FOR                         |  |
| GENERAL AMERICAN INVESTORS COMPANY, INC.   | 368802104 | 04/16/2025     | Election of Directors: Mr. Berens                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS         |           5300 |                0 | For         |                                     5300 | FOR                         |  |
| GENERAL AMERICAN INVESTORS COMPANY, INC.   | 368802104 | 04/16/2025     | Election of Directors: Mr. Davidson                                                                                                                                                                                                                                                                  | DIRECTOR ELECTIONS         |           5300 |                0 | For         |                                     5300 | FOR                         |  |
| GENERAL AMERICAN INVESTORS COMPANY, INC.   | 368802104 | 04/16/2025     | Election of Directors: Ms. Del Villar                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |           5300 |                0 | For         |                                     5300 | FOR                         |  |
| GENERAL AMERICAN INVESTORS COMPANY, INC.   | 368802104 | 04/16/2025     | Election of Directors: Mr. Gordan                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS         |           5300 |                0 | For         |                                     5300 | FOR                         |  |
| GENERAL AMERICAN INVESTORS COMPANY, INC.   | 368802104 | 04/16/2025     | Election of Directors: Ms. Gotbaum                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS         |           5300 |                0 | For         |                                     5300 | FOR                         |  |
| GENERAL AMERICAN INVESTORS COMPANY, INC.   | 368802104 | 04/16/2025     | Election of Directors: Ms. Lynch                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS         |           5300 |                0 | For         |                                     5300 | FOR                         |  |
| GENERAL AMERICAN INVESTORS COMPANY, INC.   | 368802104 | 04/16/2025     | Election of Directors: Mr. Priest                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS         |           5300 |                0 | For         |                                     5300 | FOR                         |  |
| GENERAL AMERICAN INVESTORS COMPANY, INC.   | 368802104 | 04/16/2025     | Election of Directors: Ms. Sachs                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS         |           5300 |                0 | For         |                                     5300 | FOR                         |  |
| GENERAL AMERICAN INVESTORS COMPANY, INC.   | 368802104 | 04/16/2025     | Ratifying or rejecting the appointment by the Audit Committee of the Company's Board of Directors (which appointment was also approved by the Board of Directors of the Company) of the firm of Ernst  Young LLP to be the independent auditors of the Company for the year ending December 31, 2025 | AUDIT-RELATED              |           5300 |                0 | For         |                                     5300 | FOR                         |  |
| HIGHLAND FUNDS                             | 43010T104 | 06/16/2025     | Election of Directors: Ethan Powell                                                                                                                                                                                                                                                                  | DIRECTOR ELECTIONS         |         240000 |                0 | Withheld    |                                   240000 | AGAINST                     |  |
| HIGHLAND FUNDS                             | 43010T104 | 06/16/2025     | Election of Directors: Bryan A. Ward                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |         240000 |                0 | Withheld    |                                   240000 | AGAINST                     |  |
| HIGHLAND FUNDS                             | 43010E404 | 06/16/2025     | Election of Directors: Ethan Powell                                                                                                                                                                                                                                                                  | DIRECTOR ELECTIONS         |         370000 |                0 | Withheld    |                                   370000 | AGAINST                     |  |
| HIGHLAND FUNDS                             | 43010E404 | 06/16/2025     | Election of Directors: Bryan A. Ward                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |         370000 |                0 | Withheld    |                                   370000 | AGAINST                     |  |
| JAPAN SMALLER CAPITALIZATION FUND, INC.    | 47109U104 | 11/21/2024     | Election of Directors: David B. Chemidlin                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |         128808 |                0 | For         |                                   128808 | FOR                         |  |
| JAPAN SMALLER CAPITALIZATION FUND, INC.    | 47109U104 | 11/21/2024     | Election of Directors: Arthur B. Laby                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |         128808 |                0 | For         |                                   128808 | FOR                         |  |
| JAPAN SMALLER CAPITALIZATION FUND, INC.    | 47109U104 | 11/21/2024     | Election of Directors: Marcia L. MacHarg                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |         128808 |                0 | For         |                                   128808 | FOR                         |  |
| JAPAN SMALLER CAPITALIZATION FUND, INC.    | 47109U104 | 11/21/2024     | Election of Directors: Yuichi Nomoto                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |         128808 |                0 | For         |                                   128808 | FOR                         |  |
| JAPAN SMALLER CAPITALIZATION FUND, INC.    | 47109U104 | 11/21/2024     | Election of Directors: Paige P. Ouimet                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |         128808 |                0 | For         |                                   128808 | FOR                         |  |
| MEXICO EQUITY AND INCOME FUND, INC.        | 592834105 | 12/12/2024     | Election of Directors: Rajeev Das                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS         |          13200 |                0 | For         |                                    13200 | FOR                         |  |
| MORGAN STANLEY INDIA INVEST. FD, INC.      | 61745C105 | 06/25/2025     | Election of Directors: Frances L. Cashman                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |           7700 |                0 | For         |                                     7700 | FOR                         |  |
| MORGAN STANLEY INDIA INVEST. FD, INC.      | 61745C105 | 06/25/2025     | Election of Directors: Jakki L. Haussler                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |           7700 |                0 | For         |                                     7700 | FOR                         |  |
| MORGAN STANLEY INDIA INVEST. FD, INC.      | 61745C105 | 06/25/2025     | Election of Directors: Richard Gould III                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |           7700 |                0 | For         |                                     7700 | FOR                         |  |
| MORGAN STANLEY INSTITUTIONAL FUNDS         | 617468103 | 06/25/2025     | Election of Directors: Frank L. Bowman                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |         140000 |                0 | For         |                                   140000 | FOR                         |  |
| MORGAN STANLEY INSTITUTIONAL FUNDS         | 617468103 | 06/25/2025     | Election of Directors: Richard G. Gould III                                                                                                                                                                                                                                                          | DIRECTOR ELECTIONS         |         140000 |                0 | For         |                                   140000 | FOR                         |  |
| MORGAN STANLEY INSTITUTIONAL FUNDS         | 617468103 | 06/25/2025     | Election of Directors: Eddie A. Grier                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |         140000 |                0 | For         |                                   140000 | FOR                         |  |
| MORGAN STANLEY INSTITUTIONAL FUNDS         | 617468103 | 06/25/2025     | Election of Directors: Manuel H. Johnson                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |         140000 |                0 | For         |                                   140000 | FOR                         |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Election of Directors: James Dondero                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |         386703 |                0 | Abstain     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Election of Directors: Brian Mitts                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS         |         386703 |                0 | Abstain     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Election of Directors: Edward Constantino                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |         386703 |                0 | Abstain     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Election of Directors: Scott Kavanaugh                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |         386703 |                0 | Abstain     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Election of Directors: Arthur Laffer                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |         386703 |                0 | Abstain     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Election of Directors: Carol Swain                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS         |         386703 |                0 | Abstain     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Election of Directors: Catherine Wood                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |         386703 |                0 | Abstain     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | 14A Executive Compensation                                                                                                                                                                                                                                                                           | COMPENSATION               |         386703 |                0 | Against     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Approve Charter Amendment                                                                                                                                                                                                                                                                            | CORPORATE GOVERNANCE       |         386703 |                0 | Against     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Amend Stock Compensation Plan                                                                                                                                                                                                                                                                        | COMPENSATION               |         386703 |                0 | Against     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Stock Issuance                                                                                                                                                                                                                                                                                       | CAPITAL STRUCTURE          |         386703 |                0 | Against     |                                   386703 | AGAINST                     |  |
| NEXPOINT FUNDS                             | 65340G205 | 06/10/2025     | Ratify Appointment of Independent Auditors: KPMG LLP                                                                                                                                                                                                                                                 | AUDIT-RELATED              |         386703 |                0 | Against     |                                   386703 | AGAINST                     |  |
| NEXT GENERATION CONNECTIVITY FUND          | 64133Q108 | 08/16/2024     | Election of Directors: Paul Kazarian                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |          20000 |                0 | Split       |                                    20000 | NONE                        |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Accept Financial Statements and Statutory Reports                                                                                                                                                                                                                                                    | CORPORATE GOVERNANCE       |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Ratify Auditors: Ernst and Young LLP                                                                                                                                                                                                                                                                 | AUDIT-RELATED              |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Authorize Board to Fix Remuneration of External Auditor(s)                                                                                                                                                                                                                                           | AUDIT-RELATED              |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Election of Directors: Halit Coussin                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Election of Directors: Andrew Henton                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Election of Directors: Rupert Morley                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Election of Directors: Charlotte Denton                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Authorize Share Repurchase Program                                                                                                                                                                                                                                                                   | CAPITAL STRUCTURE          |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights                                                                                                                                                                                                                     | CAPITAL STRUCTURE          |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PERSHING SQUARE HOLDINGS LTD               | G7016V101 | 05/01/2025     | Election of Directors: Jean-Baptiste Wautier                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS         |          70000 |                0 | For         |                                    70000 | FOR                         |  |
| PIMCO CALIFORNIA MUNI INCOME FUND II       | 72200M108 | 12/16/2024     | Election of Directors: Libby D. Cantrill                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |           7523 |                0 | For         |                                     7523 | FOR                         |  |
| PIMCO CALIFORNIA MUNI INCOME FUND II       | 72200M108 | 12/16/2024     | Election of Directors: Alan Rappaport                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |           7523 |                0 | For         |                                     7523 | FOR                         |  |
| PIMCO CALIFORNIA MUNI INCOME FUND II       | 72200M108 | 12/16/2024     | Election of Directors: David Flattum                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |           7523 |                0 | For         |                                     7523 | FOR                         |  |
| TEMPLETON DRAGON FUND, INC.                | 88018T101 | 05/22/2025     | Election of Directors: Edith E. Holiday                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |         210000 |                0 | For         |                                   210000 | FOR                         |  |
| TEMPLETON DRAGON FUND, INC.                | 88018T101 | 05/22/2025     | Election of Directors: Larry D. Thompson                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |         210000 |                0 | For         |                                   210000 | FOR                         |  |
| TEMPLETON DRAGON FUND, INC.                | 88018T101 | 05/22/2025     | Election of Directors: Gregory E. Johnson                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |         210000 |                0 | For         |                                   210000 | FOR                         |  |
| TEMPLETON DRAGON FUND, INC.                | 88018T101 | 05/22/2025     | Election of Directors: Rupert H. Johnson, Jr.                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS         |         210000 |                0 | For         |                                   210000 | FOR                         |  |
| TEMPLETON DRAGON FUND, INC.                | 88018T101 | 05/22/2025     | The ratification of the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Fund for the fiscal year ending December 31, 2025                                                                                                                       | AUDIT-RELATED              |         210000 |                0 | For         |                                   210000 | FOR                         |  |
| THE CENTRAL AND EASTERN EUROPE FUND, INC   | 153436100 | 07/19/2024     | Election of Directors: Dr. Holger Hatje                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          33995 |                0 | Split       |                                    33995 | NONE                        |  |
| THE CENTRAL AND EASTERN EUROPE FUND, INC   | 153436100 | 07/19/2024     | Election of Directors: Dr. Wolfgang Leoni                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |          33995 |                0 | Split       |                                    33995 | NONE                        |  |
| THE CENTRAL AND EASTERN EUROPE FUND, INC   | 153436100 | 07/19/2024     | To ratify the appointment by the Audit Committee and the Board of Directors of Ernst  Young LLP, an independent registered public accounting firm, as independent auditors for the fiscal year ending October 31, 2024                                                                               | AUDIT-RELATED              |          33995 |                0 | No Vote     |                                    33995 | NONE                        |  |
| THE CENTRAL AND EASTERN EUROPE FUND, INC   | 153436100 | 06/30/2025     | Election of Directors: Ms. Hepsen Uzcan                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          33995 |                0 | For         |                                    33995 | FOR                         |  |
| THE CENTRAL AND EASTERN EUROPE FUND, INC   | 153436100 | 06/30/2025     | To ratify the appointment by the Audit Committee and the Board of Directors of Ernst  Young LLP, an independent registered public accounting firm, as independent auditors for the fiscal year ending October 31, 2025                                                                               | AUDIT-RELATED              |          33995 |                0 | For         |                                    33995 | FOR                         |  |
| THE EUROPEAN EQUITY FUND, INC.             | 298768102 | 06/30/2025     | Election of Directors: Ms. Fiona Flannery                                                                                                                                                                                                                                                            | DIRECTOR ELECTIONS         |         141440 |                0 | For         |                                   141440 | FOR                         |  |
| THE EUROPEAN EQUITY FUND, INC.             | 298768102 | 06/30/2025     | Election of Directors: Dr. Holger Hatje                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |         141440 |                0 | For         |                                   141440 | FOR                         |  |
| THE EUROPEAN EQUITY FUND, INC.             | 298768102 | 06/30/2025     | To ratify the appointment by the Audit Committee and the Board of Directors of Ernst  Young LLP, an independent registered public accounting firm, as independent auditors for the Fund the fiscal year ending December 31, 2025                                                                     | AUDIT-RELATED              |         141440 |                0 | For         |                                   141440 | FOR                         |  |
| THE EUROPEAN EQUITY FUND, INC.             | 298768102 | 06/30/2025     | To adopt Articles of Amendment to the Fund's charter to eliminate the classification of the Board of Directors                                                                                                                                                                                       | CORPORATE GOVERNANCE       |         141440 |                0 | For         |                                   141440 | FOR                         |  |
| THE GABELLI HEALTHCARE  WELLNESS RX        | 36246K103 | 05/12/2025     | Election of Directors: Jeffrey J. Jonas                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          63981 |                0 | For         |                                    63981 | FOR                         |  |
| THE HERZFELD CARIBBEAN BASIN FUND, INC.    | 42804T106 | 11/14/2024     | Election of Directors: Ms. Cecilia L. Gondor                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS         |         584598 |                0 | Split       |                                   584598 | NONE                        |  |
| THE HERZFELD CARIBBEAN BASIN FUND, INC.    | 42804T106 | 11/14/2024     | Election of Directors: Ms. Kay W. Tatum                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |         584598 |                0 | Split       |                                   584598 | NONE                        |  |
| THE MEXICO FUND INC                        | 42804T106 | 03/04/2025     | Election of Directors: Regina García-Cuéllar                                                                                                                                                                                                                                                         | DIRECTOR ELECTIONS         |         130000 |                0 | For         |                                   130000 | FOR                         |  |
| THE MEXICO FUND INC                        | 42804T106 | 03/04/2025     | Election of Directors: Alberto Osorio                                                                                                                                                                                                                                                                | DIRECTOR ELECTIONS         |         130000 |                0 | For         |                                   130000 | FOR                         |  |
| THE TAIWAN FUND INC                        | 874036106 | 04/11/2025     | Election of Directors: William C. Kirby                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          45000 |                0 | For         |                                    45000 | FOR                         |  |
| THE TAIWAN FUND INC                        | 874036106 | 04/11/2025     | Election of Directors: Anthony S. Clark                                                                                                                                                                                                                                                              | DIRECTOR ELECTIONS         |          45000 |                0 | For         |                                    45000 | FOR                         |  |
| THE TAIWAN FUND INC                        | 874036106 | 04/11/2025     | Election of Directors: Warren J. Olsen                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |          45000 |                0 | For         |                                    45000 | FOR                         |  |
| THE TAIWAN FUND INC                        | 874036106 | 04/11/2025     | Election of Directors: Shelley E. Rigger                                                                                                                                                                                                                                                             | DIRECTOR ELECTIONS         |          45000 |                0 | For         |                                    45000 | FOR                         |  |
| TORTOISE ENERGY INFRASTRUCTURE FD, INC.    | 89147L886 | 08/08/2024     | Ratify Appointment of Independent Auditors: Ernst  Young LLP                                                                                                                                                                                                                                         | AUDIT-RELATED              |          50000 |                0 | For         |                                    50000 | FOR                         |  |
| TORTOISE ENERGY INFRASTRUCTURE FD, INC.    | 89147L886 | 08/08/2024     | Declassify the Board of Directors                                                                                                                                                                                                                                                                    | CORPORATE GOVERNANCE       |          50000 |                0 | For         |                                    50000 | AGAINST                     |  |
| TORTOISE ENERGY INFRASTRUCTURE FD, INC.    | 89147L886 | 12/05/2024     | Approve Acquisition OR Issue Shares in Connection with Acquisition                                                                                                                                                                                                                                   | EXTRAORDINARY TRANSACTIONS |          50000 |                0 | Against     |                                    50000 | AGAINST                     |  |
| TORTOISE MIDSTREAM ENERGY FUND, INC.       | 89148B200 | 08/08/2024     | Ratify Appointment of Independent Auditors                                                                                                                                                                                                                                                           | AUDIT-RELATED              |           3882 |                0 | For         |                                     3882 | FOR                         |  |
| TORTOISE MIDSTREAM ENERGY FUND, INC.       | 89148B200 | 08/08/2024     | Declassify the Board of Directors                                                                                                                                                                                                                                                                    | CORPORATE GOVERNANCE       |           3882 |                0 | For         |                                     3882 | AGAINST                     |  |
| TORTOISE MIDSTREAM ENERGY FUND, INC.       | 89148B200 | 12/05/2024     | Approve Merger of Funds                                                                                                                                                                                                                                                                              | EXTRAORDINARY TRANSACTIONS |           3882 |                0 | Against     |                                     3882 | AGAINST                     |  |
| TORTOISE PIPELINE  ENERGY FUND, INC.       | 89148H207 | 08/08/2024     | Ratify Appointment of Independent Auditors                                                                                                                                                                                                                                                           | AUDIT-RELATED              |           9230 |                0 | For         |                                     9230 | FOR                         |  |
| TORTOISE PIPELINE  ENERGY FUND, INC.       | 89148H207 | 08/08/2024     | Declassify the Board of Directors                                                                                                                                                                                                                                                                    | CORPORATE GOVERNANCE       |           9230 |                0 | For         |                                     9230 | AGAINST                     |  |
| TORTOISE PIPELINE  ENERGY FUND, INC.       | 89148H207 | 12/05/2024     | Approve Merger of Funds                                                                                                                                                                                                                                                                              | EXTRAORDINARY TRANSACTIONS |           2894 |                0 | For         |                                     2894 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Starboard Investment Trust

**By (Signature):** Katherine M. Honey

**By (Printed Signature):** Katherine M. Honey

**By (Title):** Principal Executive Officer

**Date:** 08/27/2025