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: 811-21989 Nicholas-Applegate Equity & Convertible Income Fund (Exact name of registrant as specified in charter) 1345 Avenue of the Americas, New York, NY 10105 (Address of Principal Executive Office) Allianz Global Investors Fund Management LLC 1345 Avenue of the Americas New York, NY 10105 (Name and Address of Agent for Service) Registrant's telephone number, including area code: 212-739-3000 Date of fiscal year end: January 31 Date of reporting period: July 1, 2007 through June 30, 2008 ITEM 1. PROXY VOTING RECORD ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-21989 Reporting Period: 07/01/2007 - 06/30/2008 Nicholas-Applegate Equity & Convertible Income Fund ============= NICHOLAS-APPLEGATE EQUITY & CONVERTIBLE INCOME FUND ============== ABBOTT LABORATORIES INC Ticker: ABT Security ID: 2824100 Meeting Date: APR 25, 2008 Meeting Type: Annual Record Date: FEB 26, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Roxanne Austin For For Management 1.2 Elect William Daley For For Management 1.3 Elect W. James Farrell For For Management 1.4 Elect H. Laurance Fuller For For Management 1.5 Elect William Osborn For For Management 1.6 Elect David Owen For For Management 1.7 Elect Boone Powell Jr. For For Management 1.8 Elect W. Ann Reynolds For For Management 1.9 Elect Roy Roberts For For Management 1.1 Elect Samuel Scott III For Withhold Management 1.11 Elect William Smithburg For Withhold Management 1.12 Elect Glenn Tilton For For Management 1.13 Elect Miles White For For Management 2 Ratification of Auditor For For Management 3 Shareholder Proposal Regarding Access to Against Against Shareholder Medicines 4 Shareholder Proposal Regarding Advisory Against For Shareholder Vote on Executive Compensation -------------------------------------------------------------------------------- AGCO CORPORATION Ticker: AG Security ID: 1084102 Meeting Date: APR 24, 2008 Meeting Type: Annual Record Date: MAR 14, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Herman Cain For For Management 1.2 Elect Wolfgang Deml For Withhold Management 1.3 Elect David Momot For For Management 1.4 Elect Martin Richenhagen For For Management 2 Management Incentive Plan For For Management 3 Ratification of Auditor For For Management -------------------------------------------------------------------------------- AT&T INC. Ticker: T Security ID: 00206R102 Meeting Date: APR 25, 2008 Meeting Type: Annual Record Date: FEB 27, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Randall Stephenson For For Management 2 Elect William Aldinger III For For Management 3 Elect Gilbert Amelio For For Management 4 Elect Reuben Anderson For For Management 5 Elect James Blanchard For For Management 6 Elect August Busch III For For Management 7 Elect James Kelly For For Management 8 Elect Jon Madonna For For Management 9 Elect Lynn Martin For For Management 10 Elect John McCoy For For Management 11 Elect Mary Metz For For Management 12 Elect Joyce Roche For For Management 13 Elect Laura D'Andrea Tyson For For Management 14 Elect Patricia Upton For For Management 15 Ratification of Auditor For For Management 16 Shareholder Proposal Regarding Report on Against Against Shareholder Political Contributions 17 Shareholder Proposal Regarding Pension Against For Shareholder Credit Policy 18 Shareholder Proposal Regarding Against For Shareholder Independent Lead Director Bylaw 19 Shareholder Proposal Regarding SERP Against Against Shareholder Policy 20 Shareholder Proposal Regarding Advisory Against For Shareholder Vote on Compensation -------------------------------------------------------------------------------- BAXTER INTERNATIONAL INC Ticker: BAXPR Security ID: 71813109 Meeting Date: MAY 6, 2008 Meeting Type: Annual Record Date: MAR 7, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Wayne Hockmeyer For For Management 2 Elect Joseph Martin For For Management 3 Elect Robert Parkinson, Jr. For For Management 4 Elect Thomas Stallkamp For For Management 5 Elect Albert Stroucken For For Management 6 Ratification of Auditor For For Management -------------------------------------------------------------------------------- BRISTOL MYERS SQUIBB COMPANY Ticker: BMY Security ID: 110122108 Meeting Date: MAY 6, 2008 Meeting Type: Annual Record Date: MAR 10, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Lewis Campbell For For Management 2 Elect James Cornelius For For Management 3 Elect Louis Freeh For Against Management 4 Elect Laurie Glimcher For For Management 5 Elect Michael Grobstein For For Management 6 Elect Leif Johansson For For Management 7 Elect Alan Lacy For For Management 8 Elect Vicki Sato For For Management 9 Elect Togo West For For Management 10 Elect R. Sanders Williams For For Management 11 Ratification of Auditor For For Management 12 Shareholder Proposal Regarding Disclosure Against Against Shareholder of Executive Compensation -------------------------------------------------------------------------------- CIGNA CORP. Ticker: CI Security ID: 125509109 Meeting Date: APR 23, 2008 Meeting Type: Annual Record Date: FEB 25, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Peter Larson For For Management 2 Elect Roman Martinez, IV For For Management 3 Elect Carol Wait For Against Management 4 Elect William Zollars For Against Management 5 Ratification of Auditor For For Management 6 Amendment to Eliminate Series D Preferred For For Management Stock 7 Amendment to Eliminate Certain For For Management Supermajority Requirements 8 Amendment to Eliminate Certain For For Management Supermajority Requirements -------------------------------------------------------------------------------- COCA COLA COMPANY Ticker: KO Security ID: 191216100 Meeting Date: APR 16, 2008 Meeting Type: Annual Record Date: FEB 22, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Herbert Allen For Against Management 2 Elect Ronald Allen For For Management 3 Elect Cathleen Black For For Management 4 Elect Barry Diller For Against Management 5 Elect Alexis Herman For For Management 6 Elect E. Neville Isdell For For Management 7 Elect Muhtar Kent For For Management 8 Elect Donald Keough For For Management 9 Elect Donald McHenry For For Management 10 Elect Sam Nunn For For Management 11 Elect James Robinson, III For For Management 12 Elect Peter Ueberroth For For Management 13 Elect Jacob Wallenberg For For Management 14 Elect James Williams For Against Management 15 Ratification of Auditor For For Management 16 2008 Stock Option Plan For For Management 17 Shareholder Proposal Regarding an Against For Shareholder Advisory Vote on Executive Compensation 18 Shareholder Proposal Regarding an Against For Shareholder Independent Board Chair 19 Shareholder Proposal Regarding a Board Against Against Shareholder Committee on Human Rights -------------------------------------------------------------------------------- DEERE & COMPANY Ticker: DE Security ID: 244199105 Meeting Date: NOV 14, 2007 Meeting Type: Special Record Date: SEP 24, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Increase in Authorized Common Stock For For Management -------------------------------------------------------------------------------- DEERE & COMPANY Ticker: DE Security ID: 244199105 Meeting Date: FEB 27, 2008 Meeting Type: Annual Record Date: DEC 31, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect T. Kevin Dunnigan For For Management 2 Elect Charles Holliday, Jr. For For Management 3 Elect Dipak Jain For For Management 4 Elect Joachim Milberg For For Management 5 Elect Richard Myers For For Management 6 Re-Approval of the Mid-Term Incentive For For Management Plan 7 Ratification of Auditor For For Management -------------------------------------------------------------------------------- DIAMOND OFFSHORE DRILLING INC Ticker: DO Security ID: 25271C102 Meeting Date: MAY 20, 2008 Meeting Type: Annual Record Date: MAR 25, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect James Tisch For For Management 1.2 Elect Lawrence Dickerson For Withhold Management 1.3 Elect John Bolton For For Management 1.4 Elect Charles Fabrikant For Withhold Management 1.5 Elect Paul Gaffney, II For For Management 1.6 Elect Herbert Hofmann For For Management 1.7 Elect Arthur Rebell For For Management 1.8 Elect Raymond Troubh For For Management 2 Ratification of Auditor For For Management -------------------------------------------------------------------------------- EMC CORP. Ticker: EMC Security ID: 268648102 Meeting Date: MAY 21, 2008 Meeting Type: Annual Record Date: MAR 20, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Michael Brown For For Management 1.2 Elect Michael Cronin For For Management 1.3 Elect Gail Deegan For For Management 1.4 Elect John Egan For For Management 1.5 Elect W. Paul Fitzgerald For Withhold Management 1.6 Elect Olli-Pekka Kallasvuo For Withhold Management 1.7 Elect Edmund Kelly For For Management 1.8 Elect Windle Priem For For Management 1.9 Elect Paul Sagan For For Management 1.1 Elect David Strohm For For Management 1.11 Elect Joseph Tucci For For Management 2 Ratification of Auditor For For Management 3 Adoption of Majority Vote for Election of For For Management Directors 4 Elimination of Supermajority Requirement For For Management -------------------------------------------------------------------------------- FREEPORT-MCMORAN COPPER & GOLD Ticker: FCX Security ID: 35671D857 Meeting Date: JUL 10, 2007 Meeting Type: Annual Record Date: MAY 25, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Richard Adkerson For For Management 1.2 Elect Robert Allison, Jr. For Withhold Management 1.3 Elect Robert Day For For Management 1.4 Elect Gerald Ford For For Management 1.5 Elect H. Devon Graham, Jr. For For Management 1.6 Elect J. Bennet Johnston For Withhold Management 1.7 Elect Charles Krulak For For Management 1.8 Elect Bobby Lackey For For Management 1.9 Elect Jon Madonna For For Management 1.1 Elect Dustan McCoy For For Management 1.11 Elect Gabrielle McDonald For Withhold Management 1.12 Elect James Moffett For For Management 1.13 Elect B. M. Rankin, Jr. For Withhold Management 1.14 Elect J. Stapleton Roy For Withhold Management 1.15 Elect Stephen Siegele For For Management 1.16 Elect J. Taylor Wharton For For Management 2 Ratification of Auditor For For Management 3 Amendment to 2006 Stock Incentive Plan For Against Management 1.1 Elect Richard Adkerson For For Management 1.2 Elect Robert Allison, Jr. For Withhold Management 1.3 Elect Robert Day For For Management 1.4 Elect Gerald Ford For For Management 1.5 Elect H. Devon Graham, Jr. For For Management 1.6 Elect J. Bennet Johnston For Withhold Management 1.7 Elect Charles Krulak For For Management 1.8 Elect Bobby Lackey For For Management 1.9 Elect Jon Madonna For For Management 1.1 Elect Dustan McCoy For For Management 1.11 Elect Gabrielle McDonald For Withhold Management 1.12 Elect James Moffett For For Management 1.13 Elect B. M. Rankin, Jr. For Withhold Management 1.14 Elect J. Stapleton Roy For Withhold Management 1.15 Elect Stephen Siegele For For Management 1.16 Elect J. Taylor Wharton For For Management 2 Ratification of Auditor For For Management 3 Amendment to 2006 Stock Incentive Plan For Against Management -------------------------------------------------------------------------------- FREEPORT-MCMORAN COPPER & GOLD Ticker: FCXPRA Security ID: 35671D857 Meeting Date: JUN 5, 2008 Meeting Type: Annual Record Date: APR 15, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Richard Adkerson For For Management 1.2 Elect Robert Allison, Jr. For Withhold Management 1.3 Elect Robert Day For For Management 1.4 Elect Gerald Ford For For Management 1.5 Elect H. Devon Graham, Jr. For For Management 1.6 Elect J. Bennet Johnston For Withhold Management 1.7 Elect Charles Krulak For For Management 1.8 Elect Bobby Lackey For For Management 1.9 Elect Jon Madonna For For Management 1.1 Elect Dustan McCoy For Withhold Management 1.11 Elect Gabrielle McDonald For Withhold Management 1.12 Elect James Moffett For For Management 1.13 Elect B. M. Rankin, Jr. For Withhold Management 1.14 Elect J. Stapleton Roy For Withhold Management 1.15 Elect Stephen Siegele For For Management 1.16 Elect J. Taylor Wharton For Withhold Management 2 Ratification of Auditor For For Management 3 Increase in Authorized Common Stock For For Management -------------------------------------------------------------------------------- GENERAL ELECTRIC COMPANY Ticker: GE Security ID: 369604103 Meeting Date: APR 23, 2008 Meeting Type: Annual Record Date: FEB 25, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect James Cash, Jr. For For Management 2 Elect Sir William Castell For For Management 3 Elect Ann Fudge For For Management 4 Elect Claudio Gonz?lez For Against Management 5 Elect Susan Hockfield For For Management 6 Elect Jeffrey Immelt For For Management 7 Elect Andrea Jung For For Management 8 Elect Alan Lafley For For Management 9 Elect Robert Lane For For Management 10 Elect Ralph Larsen For For Management 11 Elect Rochelle Lazarus For For Management 12 Elect James Mulva For For Management 13 Elect Sam Nunn For For Management 14 Elect Roger Penske For Against Management 15 Elect Robert Swieringa For For Management 16 Elect Douglas Warner III For For Management 17 Ratification of Auditor For For Management 18 Shareholder Proposal Regarding Cumulative Against For Shareholder Voting 19 Shareholder Proposal Regarding Against For Shareholder Independent Board Chairman 20 Shareholder Proposal Recoupment of Against Against Shareholder Unearned Management Bonuses 21 Shareholder Proposal Regarding Curbing Against For Shareholder Over-Extended Directors 22 Shareholder Proposal Regarding Reviewing Against Against Shareholder Charitable Contributions 23 Shareholder Proposal Regarding Global Against Against Shareholder Warming Report 24 Shareholder Proposal Regarding Advisory Against For Shareholder Vote on Executive Compensation -------------------------------------------------------------------------------- GILEAD SCIENCES INC Ticker: GILD Security ID: 375558103 Meeting Date: MAY 8, 2008 Meeting Type: Annual Record Date: MAR 19, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Paul Berg For For Management 1.2 Elect John Cogan For For Management 1.3 Elect Etienne Davignon For Withhold Management 1.4 Elect James Denny For For Management 1.5 Elect Carla Hills For For Management 1.6 Elect John Madigan For For Management 1.7 Elect John Martin For For Management 1.8 Elect Gordon Moore For For Management 1.9 Elect Nicholas Moore For For Management 1.1 Elect Gayle Wilson For Withhold Management 2 Ratification of Auditor For For Management 3 Amendment to the 2004 Equity Incentive For For Management Plan 4 Increase in Authorized Common Stock For For Management -------------------------------------------------------------------------------- GOOGLE INC Ticker: GOOG Security ID: 38259P508 Meeting Date: MAY 8, 2008 Meeting Type: Annual Record Date: MAR 11, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Eric Schmidt For For Management 1.2 Elect Sergey Brin For For Management 1.3 Elect Larry Page For For Management 1.4 Elect L. John Doerr For For Management 1.5 Elect John Hennessy For Withhold Management 1.6 Elect Arthur Levinson For For Management 1.7 Elect Ann Mather For For Management 1.8 Elect Paul Otellini For For Management 1.9 Elect K. Ram Shriram For For Management 1.1 Elect Shirley Tilghman For For Management 2 Ratification of Auditor For For Management 3 Amendment to the 2004 Stock Plan For Against Management 4 Shareholder Proposal Regarding Internet Against Against Shareholder Censorship 5 Shareholder Proposal Regarding a Human Against Against Shareholder Rights Committee -------------------------------------------------------------------------------- HARRIS CORP. Ticker: HRS Security ID: 413875105 Meeting Date: OCT 26, 2007 Meeting Type: Annual Record Date: AUG 31, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Thomas Dattilo For For Management 2 Elect Howard Lance For For Management 3 Elect James Stoffel For For Management 4 Ratification of Auditor For For Management -------------------------------------------------------------------------------- HARRIS CORP. Ticker: HRS Security ID: 413875105 Meeting Date: OCT 26, 2007 Meeting Type: Annual Record Date: AUG 31, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Thomas Dattilo For For Management 2 Elect Howard Lance For For Management 3 Elect James Stoffel For For Management 4 Ratification of Auditor For For Management -------------------------------------------------------------------------------- INTEL CORP. Ticker: INTC Security ID: 458140100 Meeting Date: MAY 21, 2008 Meeting Type: Annual Record Date: MAR 24, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Craig Barrett For For Management 2 Elect Charlene Barshefsky For Against Management 3 Elect Carol Bartz For Against Management 4 Elect Susan Decker For For Management 5 Elect Reed Hundt For For Management 6 Elect Paul Otellini For For Management 7 Elect James Plummer For For Management 8 Elect David Pottruck For For Management 9 Elect Jane Shaw For For Management 10 Elect John Thornton For For Management 11 Elect David Yoffie For For Management 12 Ratification of Auditor For For Management 13 Shareholder Proposal Regarding Against Against Shareholder Establishing a Board Committee on Sustainability -------------------------------------------------------------------------------- INTERNATIONAL BUSINESS MACHINE CORP. Ticker: IBM Security ID: 459200101 Meeting Date: APR 29, 2008 Meeting Type: Annual Record Date: FEB 29, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Cathleen Black For Withhold Management 1.2 Elect William Brody For For Management 1.3 Elect Kenneth Chenault For For Management 1.4 Elect Michael Eskew For Withhold Management 1.5 Elect Shirley Jackson For For Management 1.6 Elect Lucio Noto For For Management 1.7 Elect James Owens For For Management 1.8 Elect Samuel Palmisano For For Management 1.9 Elect Joan Spero For For Management 1.1 Elect Sidney Taurel For For Management 1.11 Elect Lorenzo Zambrano For For Management 2 Ratification of Auditor For For Management 3 Shareholder Proposal Regarding Cumulative Against For Shareholder Voting 4 Shareholder Proposal Regarding Executive Against For Shareholder Compensation 5 Shareholder Proposal Regarding Board Against Against Shareholder Committee on Human Rights 6 Shareholder Proposal Regarding Special Against For Shareholder Meetings 7 Shareholder Proposal on Advisory Vote on Against For Shareholder Compensation -------------------------------------------------------------------------------- INTUITIVE SURGICAL INC Ticker: ISRG Security ID: 46120E602 Meeting Date: APR 18, 2008 Meeting Type: Annual Record Date: FEB 22, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Robert Duggan For For Management 1.2 Elect Floyd Loop, MD For For Management 1.3 Elect George Stalk For For Management -------------------------------------------------------------------------------- JOHNSON CONTROLS INC Ticker: JCI Security ID: 478366107 Meeting Date: JAN 23, 2008 Meeting Type: Annual Record Date: NOV 15, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Natalie Black For For Management 1.2 Elect Robert Cornog For For Management 1.3 Elect William Lacy For For Management 1.4 Elect Stephen Roell For For Management 2 Ratification of Auditor For For Management -------------------------------------------------------------------------------- JUNIPER NETWORKS INC Ticker: JNPR Security ID: 48203R104 Meeting Date: MAY 21, 2008 Meeting Type: Annual Record Date: MAR 24, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Mary Cranston For For Management 1.2 Elect J. Michael Lawrie For For Management 2 2008 Employee Stock Purchase Plan For For Management 3 Ratification of Auditor For For Management -------------------------------------------------------------------------------- L3 COMMUNICATIONS HOLDINGS INC Ticker: LLL Security ID: 502424104 Meeting Date: APR 29, 2008 Meeting Type: Annual Record Date: MAR 3, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect John Shalikashvili For For Management 1.2 Elect Michael Strianese For For Management 1.3 Elect John White For For Management 2 2008 Long Term Performance Plan For For Management 3 2008 Directors Stock Incentive Plan For For Management 4 Ratification of Auditor For For Management -------------------------------------------------------------------------------- MCDONALDS CORP. Ticker: MCWCL Security ID: 580135101 Meeting Date: MAY 22, 2008 Meeting Type: Annual Record Date: MAR 24, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Ralph Alvarez For For Management 2 Elect Susan Arnold For For Management 3 Elect Richard Lenny For For Management 4 Elect Cary McMillan For For Management 5 Elect Sheila Penrose For For Management 6 Elect James Skinner For For Management 7 Ratification of Auditor For For Management -------------------------------------------------------------------------------- MCKESSON CORPORATION Ticker: MCK Security ID: 58155Q103 Meeting Date: JUL 25, 2007 Meeting Type: Annual Record Date: MAY 29, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect John Hammergren For For Management 2 Elect M. Christine Jacobs For For Management 3 Amendment to Declassify the Board For For Management 4 Amendment to the 2005 Stock Plan For For Management 5 Amendment to the 2000 Employee Stock For For Management Purchase Plan 6 Ratification of Auditor For For Management -------------------------------------------------------------------------------- MEDCO HEALTH SOLUTIONS INC Ticker: MHS Security ID: 58405U102 Meeting Date: MAY 22, 2008 Meeting Type: Annual Record Date: MAR 26, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect John Cassis For For Management 2 Elect Michael Goldstein For For Management 3 Elect Blenda Wilson For For Management 4 Ratification of Auditor For For Management 5 Increase Authorized Shares For Against Management 6 Shareholder Proposal Regarding Against Against Shareholder Restricting Executive Compensation -------------------------------------------------------------------------------- MERCK & COMPANY INC Ticker: MRK Security ID: 589331107 Meeting Date: APR 22, 2008 Meeting Type: Annual Record Date: FEB 25, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Richard Clark For For Management 2 Elect Johnnetta Cole For Against Management 3 Elect Thomas Glocer For For Management 4 Elect Steven Goldstone For For Management 5 Elect William Harrison, Jr. For For Management 6 Elect Harry Jacobson For For Management 7 Elect William Kelley For Against Management 8 Elect Rochelle Lazarus For Against Management 9 Elect Thomas Shenk For Against Management 10 Elect Anne Tatlock For Against Management 11 Elect Samuel Thier For Against Management 12 Elect Wendell Weeks For Against Management 13 Elect Peter Wendell For Against Management 14 Ratification of Auditor For For Management 15 Shareholder Proposal Regarding Executive Against Against Shareholder Compensation 16 Shareholder Proposal Regarding an Against For Shareholder Advisory Vote on Executive Compensation 17 Shareholder Proposal Regarding Special Against For Shareholder Shareholder Meetings 18 Shareholder Proposal Regarding Against For Shareholder Independent Lead Director -------------------------------------------------------------------------------- MICROSOFT CORP. Ticker: MSFT Security ID: 594918104 Meeting Date: NOV 13, 2007 Meeting Type: Annual Record Date: SEP 7, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect William Gates, III For For Management 2 Elect Steven Ballmer For For Management 3 Elect James Cash, Jr. For For Management 4 Elect Dina Dublon For For Management 5 Elect Raymond Gilmartin For For Management 6 Elect Reed Hastings For For Management 7 Elect David Marquardt For For Management 8 Elect Charles Noski For For Management 9 Elect Helmut Panke For For Management 10 Elect Jon Shirley For For Management 11 Ratification of Auditor For For Management 12 Shareholder Proposal Regarding Internet Against Against Shareholder Censorship 13 Shareholder Proposal Regarding a Board Against Against Shareholder Committee on Human Rights -------------------------------------------------------------------------------- MOLSON COORS BREWING COMPANY Ticker: TAPA Security ID: 60871R209 Meeting Date: MAY 15, 2008 Meeting Type: Annual Record Date: MAR 18, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect John Cleghorn For For Management 1.2 Elect Charles Herington For For Management 1.3 Elect David O'Brien For For Management -------------------------------------------------------------------------------- MONSANTO COMPANY Ticker: MON Security ID: 61166W101 Meeting Date: JAN 16, 2008 Meeting Type: Annual Record Date: NOV 19, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect John Bachmann For For Management 2 Elect William Parfet For For Management 3 Elect George Poste For For Management 4 Ratification of Auditor For For Management 5 Shareholder Proposal Regarding Separating Against For Shareholder the Roles of CEO and Chairman 6 Shareholder Proposal Regarding Limiting Against Against Shareholder Director Indemnification -------------------------------------------------------------------------------- NATIONAL OILWELL VARCO INC Ticker: NOV Security ID: 637071101 Meeting Date: MAY 14, 2008 Meeting Type: Annual Record Date: MAR 27, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Robert Beauchamp For For Management 2 Elect Jeffrey Smisek For For Management 3 Ratification of Auditor For For Management 4 Annual Incentive Plan For For Management -------------------------------------------------------------------------------- ORACLE CORP. Ticker: ORCL Security ID: 68389X105 Meeting Date: NOV 2, 2007 Meeting Type: Annual Record Date: SEP 7, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.4 Elect Michael Boskin For For Management 1.5 Elect Jack Kemp For For Management 1.6 Elect Jeffrey Berg For For Management 1.7 Elect Safra Catz For Withhold Management 1.8 Elect Hector Garcia-Molina For For Management 1.9 Elect H. Raymond Bingham For For Management 1.1 Elect Charles Phillips, Jr. For For Management 1.11 Elect Naomi Seligman For For Management 2 Fiscal Year 2008 Executive Bonus Plan For For Management 3 Ratification of Auditor For For Management 4 Shareholder Proposal Regarding a Board Against Against Shareholder Committee on Human Rights 5 Shareholder Proposal Regarding an Open Against Against Shareholder Source Report 1.1 Elect Jeffrey Henley For For Management 1.2 Elect Lawrence Ellison For For Management 1.3 Elect Donald Lucas For Withhold Management 1.4 Elect Michael Boskin For For Management 1.5 Elect Jack Kemp For For Management 1.6 Elect Jeffrey Berg For For Management 1.7 Elect Safra Catz For Withhold Management 1.8 Elect Hector Garcia-Molina For For Management 1.9 Elect H. Raymond Bingham For For Management 1.1 Elect Charles Phillips, Jr. For For Management 1.11 Elect Naomi Seligman For For Management 2 Fiscal Year 2008 Executive Bonus Plan For For Management 3 Ratification of Auditor For For Management 4 Shareholder Proposal Regarding a Board Against Against Shareholder Committee on Human Rights 5 Shareholder Proposal Regarding an Open Against Against Shareholder Source Report 1.1 Elect Jeffrey Henley For For Management 1.2 Elect Lawrence Ellison For For Management 1.3 Elect Donald Lucas For Withhold Management -------------------------------------------------------------------------------- PEPSICO INC Ticker: PEP Security ID: 713448108 Meeting Date: MAY 7, 2008 Meeting Type: Annual Record Date: MAR 7, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Ian Cook For For Management 2 Elect Dina Dublon For For Management 3 Elect Victor Dzau For For Management 4 Elect Ray Hunt For For Management 5 Elect Alberto Ibarguen For For Management 6 Elect Arthur Martinez For For Management 7 Elect Indra Nooyi For For Management 8 Elect Sharon Rockefeller For For Management 9 Elect James Schiro For For Management 10 Elect Lloyd Trotter For For Management 11 Elect Daniel Vasella For For Management 12 Elect Michael White For For Management 13 Ratification of Auditor For For Management 14 Shareholder Proposal Regarding Report on Against Against Shareholder Beverage Container Recycling Program 15 Shareholder Proposal Regarding Against Against Shareholder Genetically Engineered Products 16 Shareholder Proposal Regarding Right to Against Against Shareholder Water Policy 17 Shareholder Proposal Regarding Report on Against Against Shareholder Global Warming 18 Shareholder Proposal Regarding Advisory Against For Shareholder Vote on Compensation -------------------------------------------------------------------------------- PRUDENTIAL FINANCIAL INC Ticker: PFA Security ID: 744320102 Meeting Date: MAY 13, 2008 Meeting Type: Annual Record Date: MAR 14, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Frederic Becker For For Management 1.2 Elect Gordon Bethune For For Management 1.3 Elect Gaston Caperton For For Management 1.4 Elect Gilbert Casellas For For Management 1.5 Elect James Cullen For For Management 1.6 Elect William Gray, III For For Management 1.7 Elect Mark Grier For For Management 1.8 Elect Jon Hanson For For Management 1.9 Elect Constance Horner For For Management 1.1 Elect Karl Krapek For For Management 1.11 Elect Christine Poon For For Management 1.12 Elect John Strangfield For For Management 1.13 Elect James Unruh For For Management 2 Ratification of Auditor For For Management -------------------------------------------------------------------------------- QUALCOMM INC Ticker: QCOM Security ID: 747525103 Meeting Date: MAR 11, 2008 Meeting Type: Annual Record Date: JAN 14, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Barbara Alexander For For Management 1.2 Elect Donald Cruickshank For For Management 1.3 Elect Raymond Dittamore For For Management 1.4 Elect Irwin Jacobs For For Management 1.5 Elect Paul Jacobs For For Management 1.6 Elect Robert Kahn For For Management 1.7 Elect Sherry Lansing For For Management 1.8 Elect Duane Nelles For Withhold Management 1.9 Elect Marc Stern For For Management 1.1 Elect Brent Scowcroft For For Management 2 Amendment to the 2006 Long-Term Incentive For For Management Plan 3 Ratification of Auditor For For Management -------------------------------------------------------------------------------- SCHLUMBERGER LIMITED Ticker: SLB Security ID: 806857108 Meeting Date: APR 9, 2008 Meeting Type: Annual Record Date: FEB 20, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect Philippe Camus For For Management 1.2 Elect Jamie Gorelick For For Management 1.3 Elect Andrew Gould For For Management 1.4 Elect Tony Isaac For For Management 1.5 Elect Nikolay Kudryavtsev For For Management 1.6 Elect Adrian Lajous For For Management 1.7 Elect Michael Marks For For Management 1.8 Elect Didier Primat For For Management 1.9 Elect Leo Reif For For Management 1.1 Elect Tore Sandvold For For Management 1.11 Elect Nicolas Seydoux For For Management 1.12 Elect Linda Stuntz For For Management 2 Approval of Financial Statements and For For Management Dividends 3 2008 Stock Incentive Plan For For Management 4 Ratification of Auditor For For Management -------------------------------------------------------------------------------- TARGET CORP. Ticker: TGT Security ID: 87612E110 Meeting Date: MAY 22, 2008 Meeting Type: Annual Record Date: MAR 24, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Roxanne Austin For For Management 2 Elect James Johnson For For Management 3 Elect Mary Minnick For For Management 4 Elect Derica Rice For For Management 5 Ratification of Auditor For For Management -------------------------------------------------------------------------------- TEREX CORP. Ticker: TEX Security ID: 880779103 Meeting Date: JUL 17, 2007 Meeting Type: Special Record Date: MAY 31, 2007 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Increase in Authorized Common Stock For For Management -------------------------------------------------------------------------------- TEXAS INSTRUMENTS INC Ticker: TXN Security ID: 882508104 Meeting Date: APR 17, 2008 Meeting Type: Annual Record Date: FEB 19, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect James Adams For For Management 2 Elect David Boren For Against Management 3 Elect Daniel Carp For For Management 4 Elect Carrie Cox For For Management 5 Elect David Goode For For Management 6 Elect Pamela Patsley For For Management 7 Elect Wayne Sanders For For Management 8 Elect Ruth Simmons For For Management 9 Elect Richard Templeton For For Management 10 Elect Christine Whitman For For Management 11 Ratification of Auditor For For Management 12 Shareholder Proposal Regarding Against Against Shareholder Qualifications for Board Nominees -------------------------------------------------------------------------------- TEXTRON INC Ticker: TXT Security ID: 883203101 Meeting Date: APR 23, 2008 Meeting Type: Annual Record Date: FEB 29, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Paul Gagn? For For Management 2 Elect Dain Hancock For For Management 3 Elect Lloyd Trotter For For Management 4 Elect Thomas Wheeler For For Management 5 Ratification of Auditor For For Management 6 Shareholder Proposal Regarding a Report Against Against Shareholder on Foreign Military Sales 7 Shareholder Proposal Regarding Tax Against Against Shareholder Gross-up Payments to Senior Executives -------------------------------------------------------------------------------- VALERO ENERGY CORP. Ticker: VLO Security ID: 91913Y100 Meeting Date: MAY 1, 2008 Meeting Type: Annual Record Date: MAR 3, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1.1 Elect W. E. Bradford For For Management 1.2 Elect Ronald Calgaard For For Management 1.3 Elect Irl Engelhardt For For Management 2 Ratification of Auditor For For Management 3 Shareholder Proposal Regarding Against Against Shareholder Prohibition of Executive Stock Sales During Stock Repurchase Periods 4 Shareholder Proposal Regarding an Against For Shareholder Advisory Vote on Executive Compensation 5 Shareholder Proposal Regarding Reviewing Against Against Shareholder Political Contributions -------------------------------------------------------------------------------- VERIZON COMMUNICATIONS INC Ticker: VZ Security ID: 92343V104 Meeting Date: MAY 1, 2008 Meeting Type: Annual Record Date: MAR 3, 2008 # Proposal Mgt Rec Vote Cast Sponsor ----- ----------------------------------------- --------- ---------- ----------- 1 Elect Richard Carri?n For For Management 2 Elect M. Frances Keeth For For Management 3 Elect Robert Lane For For Management 4 Elect Sandra Moose For For Management 5 Elect Joseph Neubauer For Against Management 6 Elect Donald Nicolaisen For For Management 7 Elect Thomas O'Brien For For Management 8 Elect Clarence Otis, Jr. For For Management 9 Elect Hugh Price For For Management 10 Elect Ivan Seidenberg For For Management 11 Elect John Snow For For Management 12 Elect John Stafford For For Management 13 Ratification of Auditor For For Management 14 Shareholder Proposal Regarding Against Against Shareholder Elimination of Stock Options 15 Shareholder Proposal Regarding Gender Against Against Shareholder Identity Non-Discrimination Policy 16 Shareholder Proposal Regarding Separation Against For Shareholder of Chair and CEO ========== END NPX REPORT 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): Nicholas-Applegate Equity & Convertible Income Fund By (Signature and Title)*: /s/ Thomas J. Fuccillo ---------------------------------------- Name: Thomas J. Fuccillo Title: Secretary Date: August 29, 2008 * Print the name and title of each signing officer under his or her signature.