UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number - 811-21206 AEW Real Estate Income Fund ----------------------------------------------------- (Exact name of registrant as specified in charter) 399 Boylston Street Boston, MA, 02116 ------------------------------------------------------------------- (Address of principal executive offices) (Zip code) John E. Pelletier, ESQ. CDC IXIS Asset Management Services, Inc. 399 Boylston Street Boston, MA 02116 ----------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 617-449-2801 Date of fiscal year end: January 31 Date of reporting period: 07/01/2003 - 06/30/2004 ITEM 1. PROXY VOTING RECORD The information contained herein discloses the following information for each matter relating to a portfolio security considered at any shareholder meeting held during the period covered by the report and with respect to which the registrant was entitled to vote: (a) The name of the issuer of the portfolio security; (b) The exchange ticker symbol of the portfolio security; (c) The Council on Uniform Securities Identification Procedures ("CUSIP") number for the portfolio security; (d) The shareholder meeting date; (e) A brief identification of the matter voted on; (f) Whether the matter was proposed by the issuer or by a security holder; (g) Whether the registrant cast its vote on the matter; (h) How the registrant cast its vote (e.g., for or against proposal, or abstain; for or withhold regarding election of directors); and (i) Whether the registrant cast its vote for or against management. AEW Real Estate Income Fund 0001191256 ------------------------------------------------------------------------------------------------------- APARTMENT INVESTMENT AND MANAGEMENT Agenda: 932122168 CUSIP: 03748R101 Meeting Type: Annual Ticker: AIV Meeting Date: 4/30/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 TERRY CONSIDINE Mgmt Withheld Against THOMAS L. RHODES Mgmt For For J. LANDIS MARTIN Mgmt For For RICHARD S. ELLWOOD Mgmt For For JAMES N. BAILEY Mgmt For For PETER K. KOMPANIEZ Mgmt Withheld Against 02 TO RATIFY THE SELECTION OF ERNST & Mgmt For For YOUNG LLP TO SERVE AS INDEPENDENT AUDITORS FOR THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. 03 TO APPROVE THE SALE OF HIGH Mgmt For For PERFORMANCE UNITS. 04 TO URGE THE COMPENSATION AND HUMAN Shr For Against RESOURCES COMMITTEE OF THE BOARD TO ESTABLISH A POLICY TO SEEK STOCKHOLDER APPROVAL OF CERTAIN EXECUTIVE SEVERANCE ARRANGEMENTS. ------------------------------------------------------------------------------------------------------- ARCHSTONE-SMITH TRUST Agenda: 932122574 CUSIP: 039583109 Meeting Type: Annual Ticker: ASN Meeting Date: 5/20/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 R. SCOT SELLERS Mgmt Withheld Against ERNEST A. GERARDI, JR. Mgmt Withheld Against NED S. HOLMES Mgmt Withheld Against RUTH ANN M. GILLIS Mgmt For For 02 RATIFICATION OF APPOINTMENT OF KPMG Mgmt For For LLP AS AUDITORS FOR CURRENT FISCAL YEAR. 03 SHAREHOLDER PROPOSAL REGARDING Shr For Against SEVERANCE AGREEMENTS. ------------------------------------------------------------------------------------------------------- ARDEN REALTY, INC. Agenda: 932140320 CUSIP: 039793104 Meeting Type: Annual Ticker: ARI Meeting Date: 5/11/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 ALAN I. ROTHENBERG Mgmt For For LESLIE E. BIDER Mgmt For For STEVEN C. GOOD Mgmt For For 02 STOCKHOLDER PROPOSAL REGARDING Shr Against For SEVERANCE AGREEMENTS FOR SENIOR EXECUTIVES. ------------------------------------------------------------------------------------------------------- CAMDEN PROPERTY TRUST Agenda: 932112042 CUSIP: 133131102 Meeting Type: Annual Ticker: CPT Meeting Date: 5/5/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 D. KEITH ODEN Mgmt Withheld Against RICHARD J. CAMPO Mgmt Withheld Against WILLIAM R. COOPER Mgmt Withheld Against GEORGE A. HRDLICKA Mgmt For For SCOTT S. INGRAHAM Mgmt Withheld Against LEWIS A. LEVEY Mgmt For For F. GARDNER PARKER Mgmt For For STEVEN A. WEBSTER Mgmt Withheld Against ------------------------------------------------------------------------------------------------------- CARRAMERICA REALTY CORPORATION Agenda: 932124035 CUSIP: 144418100 Meeting Type: Annual Ticker: CRE Meeting Date: 4/29/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 TIMOTHY HOWARD Mgmt For For PHILIP L. HAWKINS Mgmt For For ANDREW F. BRIMMER Mgmt For For WESLEY S. WILLIAMS, JR. Mgmt For For ROBERT E. TORRAY Mgmt For For JOAN CARTER Mgmt For For THOMAS A. CARR Mgmt For For 02 TO LIMIT THE LENGTH OF SERVICE OF THE Shr Against For MEMBERS OF THE BOARD OF DIRECTORS TO SIX YEARS ------------------------------------------------------------------------------------------------------- CEDAR SHOPPING CENTERS, INC. Agenda: 932166588 CUSIP: 150602209 Meeting Type: Annual Ticker: CDR Meeting Date: 6/29/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 LEO S. ULLMAN Mgmt For For BRENDA J. WALKER Mgmt For For EVERETT B. MILLER, III Mgmt For For RICHARD HOMBURG Mgmt Withheld Against JAMES J. BURNS Mgmt For For ROGER M. WIDMANN Mgmt For For 02 TO APPROVE THE 2004 STOCK INCENTIVE Mgmt Against Against PLAN. 03 TO RATIFY THE APPOINTMENT OF ERNST & Mgmt For For YOUNG LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. ------------------------------------------------------------------------------------------------------- CHATEAU COMMUNITIES, INC. Agenda: 932042295 CUSIP: 161726104 Meeting Type: Special Ticker: CPJ Meeting Date: 9/30/2003 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 PROPOSAL TO APPROVE THE AGREEMENT AND Mgmt For For PLAN OF MERGER, DATED AS OF MAY 29, 2003, ATTACHED TO THE PROXY STATEMENT AS EXHIBIT A, THE MERGER OF CHATEAU COMMUNITIES, INC. WITH AND INTO CHOPPER MERGER SUB, L.L.C., A SUBSIDIARY OF HOMETOWN AMERICA, L.L.C. ------------------------------------------------------------------------------------------------------- CORRECTIONAL PROPERTIES TRUST Agenda: 932122699 CUSIP: 22025E104 Meeting Type: Annual Ticker: CPV Meeting Date: 4/29/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 JAMES D. MOTTA Mgmt For For CHARLES R. JONES Mgmt For For 02 TO APPROVE AND ADOPT AMENDMENTS TO THE Mgmt Against Against CORRECTIONAL PROPERTIES TRUST 2002 STOCK OPTION PLAN. 03 TO RATIFY THE APPOINTMENT OF ERNST & Mgmt For For YOUNG LLP AS THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS OF CORRECTIONAL PROPERTIES TRUST FOR THE FISCAL YEAR 2004. ------------------------------------------------------------------------------------------------------- CRESCENT REAL ESTATE EQUITIES COMPAN Agenda: 932193597 CUSIP: 225756105 Meeting Type: Annual Ticker: CEI Meeting Date: 6/28/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 TERRY N. WORRELL Mgmt For For DENNIS H. ALBERTS Mgmt For For 02 TO APPROVE THE APPOINTMENT OF ERNST & Mgmt For For YOUNG LLP AS THE INDEPENDENT AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004 ------------------------------------------------------------------------------------------------------- CRESCENT REAL ESTATE EQUITIES COMPAN Agenda: 932193597 CUSIP: 225756402 Meeting Type: Annual Ticker: CEIPRB Meeting Date: 6/28/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 DENNIS H. ALBERTS Mgmt TERRY N. WORRELL Mgmt 02 TO APPROVE THE APPOINTMENT OF ERNST & Mgmt YOUNG LLP AS THE INDEPENDENT AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004 ------------------------------------------------------------------------------------------------------- EASTGROUP PROPERTIES, INC. Agenda: 932148922 CUSIP: 277276101 Meeting Type: Annual Ticker: EGP Meeting Date: 5/27/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 DAVID H. HOSTER II Mgmt For For D. PIKE ALOIAN Mgmt For For DAVID M. OSNOS Mgmt For For FREDRIC H. GOULD Mgmt For For HAYDEN C. EAVES, III Mgmt For For H.C. BAILEY, JR. Mgmt For For ALEXANDER G. ANAGNOS Mgmt For For LELAND R. SPEED Mgmt For For 02 RATIFICATION OF THE EASTGROUP Mgmt For For PROPERTIES, INC. 2004 EQUITY INCENTIVE PLAN. 03 IN THEIR DISCRETION, THE PROXIES ARE Mgmt For For AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENTS THEREOF. ------------------------------------------------------------------------------------------------------- ENTERTAINMENT PROPERTIES TRUST Agenda: 932150965 CUSIP: 29380T105 Meeting Type: Annual Ticker: EPR Meeting Date: 5/12/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 BARRETT BRADY Mgmt For For 02 PROPOSAL TO AMEND THE 1997 SHARE Mgmt For For INCENTIVE PLAN 03 PROPOSAL TO RATIFY THE APPOINTMENT OF Mgmt For For KPMG, LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR 2004 ------------------------------------------------------------------------------------------------------- EQUITY ONE, INC. Agenda: 932150179 CUSIP: 294752100 Meeting Type: Annual Ticker: EQY Meeting Date: 5/21/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 DORON VALERO Mgmt For For NOAM BEN-OZER Mgmt For For NATHAN HETZ Mgmt For For PATRICK L. FLINN Mgmt For For CHAIM KATZMAN Mgmt For For PETER LINNEMAN Mgmt For For SHAIY PILPEL Mgmt For For DORI SEGAL Mgmt For For ROBERT L. COONEY Mgmt For For 02 TO APPROVE THE AMENDMENT OF THE Mgmt For For COMPANY S AMENDED AND RESTATED 2000 EXECUTIVE INCENTIVE COMPENSATION PLAN TO, AMONG OTHER THINGS, INCREASE THE NUMBER OF SHARES RESERVED UNDER THE PLAN FROM 2,500,000 TO 5,500,000 RESULTING IN 3,000,499 SHARES AVAILABLE FOR GRANT. 03 TO APPROVE THE COMPANY S 2004 EMPLOYEE Mgmt For For STOCK PURCHASE PLAN. ------------------------------------------------------------------------------------------------------- FIRST POTOMAC REALTY TRUST Agenda: 932147653 CUSIP: 33610F109 Meeting Type: Annual Ticker: FPO Meeting Date: 5/13/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 TERRY L. STEVENS Mgmt For For ROBERT H. ARNOLD Mgmt For For RICHARD B. CHESS Mgmt For For DOUGLAS J. DONATELLI Mgmt For For LOUIS T. DONATELLI Mgmt For For J. RODERICK HELLER, III Mgmt For For R. MICHAEL MCCULLOUGH Mgmt For For ------------------------------------------------------------------------------------------------------- GABLES RESIDENTIAL TRUST Agenda: 932125859 CUSIP: 362418105 Meeting Type: Annual Ticker: GBP Meeting Date: 5/21/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 CHRIS C. STROUP Mgmt For For JAMES D. MOTTA Mgmt For For MARCUS E. BROMLEY Mgmt Withheld Against 02 TO APPROVE THE GABLES RESIDENTIAL Mgmt Against Against TRUST 2004 EQUITY INCENTIVE PLAN AUTHORIZING THE ISSUANCE OF UP TO 1,250,000 COMMON SHARES OF BENEFICIAL INTEREST. ------------------------------------------------------------------------------------------------------- GLENBOROUGH REALTY TRUST INCORPORATE Agenda: 932106568 CUSIP: 37803P105 Meeting Type: Annual Ticker: GLB Meeting Date: 5/5/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 LAURA WALLACE Mgmt For For ANDREW BATINOVICH Mgmt For For ------------------------------------------------------------------------------------------------------- GLIMCHER REALTY TRUST Agenda: 932117941 CUSIP: 379302102 Meeting Type: Annual Ticker: GRT Meeting Date: 5/7/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 PHILIP G. BARACH Mgmt For For 01 NILES C. OVERLY Mgmt For For WILLIAM S. WILLIAMS Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. 03 APPROVAL OF THE 2004 INCENTIVE Mgmt For For COMPENSATION PLAN. ------------------------------------------------------------------------------------------------------- HRPT PROPERTIES TRUST Agenda: 932130975 CUSIP: 40426W101 Meeting Type: Annual Ticker: HRP Meeting Date: 5/11/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 PATRICK F. DONELAN Mgmt For For ------------------------------------------------------------------------------------------------------- HEALTH CARE PROPERTY INVESTORS, INC. Agenda: 932127815 CUSIP: 421915109 Meeting Type: Annual Ticker: HCP Meeting Date: 5/7/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 JAMES F. FLAHERTY III Mgmt For For KENNETH B. ROATH Mgmt For For RICHARD M. ROSENBERG Mgmt For For PETER L. RHEIN Mgmt For For HAROLD M. MESSMER, JR. Mgmt For For DAVID B. HENRY Mgmt For For ROBERT R. FANNING, JR. Mgmt For For MARY A. CIRILLO Mgmt For For JOSEPH P. SULLIVAN Mgmt For For MICHAEL D. MCKEE Mgmt For For 02 APPROVAL OF THE AMENDMENT TO THE Mgmt Against Against CHARTER TO INCREASE THE COMPANY S AUTHORIZED COMMON STOCK TO 750,000,000. 03 APPROVAL OF THE AMENDMENT TO THE Mgmt For For CHARTER TO DECLASSIFY THE BOARD. 04 RATIFICATION OF ERNST & YOUNG LLP AS Mgmt For For INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004. ------------------------------------------------------------------------------------------------------- HEALTHCARE REALTY TRUST INCORPORATED Agenda: 932110125 CUSIP: 421946104 Meeting Type: Annual Ticker: HR Meeting Date: 5/11/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 MARLIESE E. MOONEY Mgmt For For JOHN KNOX SINGLETON Mgmt For For EDWIN B. MORRIS III Mgmt For For ------------------------------------------------------------------------------------------------------- HERITAGE PROPERTY INVESTMENT TRUST, Agenda: 932141601 CUSIP: 42725M107 Meeting Type: Annual Ticker: HTG Meeting Date: 5/7/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 KEVIN C. PHELAN Mgmt Withheld Against JOSEPH L. BARRY Mgmt For For DAVID W. LAUGHTON Mgmt For For RICHARD C. GARRISON Mgmt For For 02 TO VOTE AND ACT WITH DISCRETIONARY Mgmt Against Against AUTHORITY UPON, OR IN REGARD TO, ANY OTHER MATTERS WHICH MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNED OR POSTPONED SESSION THEREOF. ------------------------------------------------------------------------------------------------------- HIGHWOODS PROPERTIES, INC. Agenda: 932103954 CUSIP: 431284108 Meeting Type: Annual Ticker: HIW Meeting Date: 5/18/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 EDWARD J. FRITSCH Mgmt For For L. GLENN ORR, JR. Mgmt For For LAWRENCE S. KAPLAN Mgmt For For WILLIAM E. GRAHAM, JR. Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. 03 OTHER BUSINESS: IN HIS DISCRETION, THE Mgmt For For PROXY IS AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENTS THEREOF. ------------------------------------------------------------------------------------------------------- HOSPITALITY PROPERTIES TRUST Agenda: 932136371 CUSIP: 44106M102 Meeting Type: Annual Ticker: HPT Meeting Date: 5/11/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 ARTHUR G. KOUMANTZELIS Mgmt For For ------------------------------------------------------------------------------------------------------- ISTAR FINANCIAL INC. Agenda: 932143821 CUSIP: 45031U101 Meeting Type: Annual Ticker: SFI Meeting Date: 5/25/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 GEORGE R. PUSKAR Mgmt For For JEFFREY A. WEBER Mgmt For For JAY SUGARMAN Mgmt For For WILLIS ANDERSEN, JR. Mgmt For For ROBERT W. HOLMAN, JR. Mgmt For For ROBIN JOSEPHS Mgmt Withheld Against JOHN G. MCDONALD Mgmt Withheld Against 02 AUTHORIZATION OF ISSUANCE OF COMMON Mgmt For For STOCK EQUIVALENTS TO DIRECTORS UNDER A NON-EMPLOYEE DIRECTORS DEFERRAL PROGRAM. 03 APPROVAL OF EXTENDING THE ISTAR Mgmt For For FINANCIAL INC. HIGH PERFORMANCE UNIT PROGRAM TO ADD 2007 HPU PLAN AND 2008 HPU PLAN. 04 RATIFICATION OF THE APPOINTMENT OF Mgmt For For PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. ------------------------------------------------------------------------------------------------------- KILROY REALTY CORPORATION Agenda: 932125392 CUSIP: 49427F108 Meeting Type: Annual Ticker: KRC Meeting Date: 5/18/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 JOHN R. D'EATHE Mgmt Withheld Against WILLIAM P. DICKEY Mgmt Withheld Against E. F. BRENNAN, PH.D. Mgmt For For ------------------------------------------------------------------------------------------------------- LEXINGTON CORPORATE PROPERTIES TRUST Agenda: 932158101 CUSIP: 529043101 Meeting Type: Annual Ticker: LXP Meeting Date: 5/26/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 SETH M. ZACHARY Mgmt For For GEOFFREY DOHRMANN Mgmt For For CARL D. GLICKMAN Mgmt For For JAMES GROSFELD Mgmt For For STANLEY R. PERLA Mgmt For For T. WILSON EGLIN Mgmt For For RICHARD J. ROUSE Mgmt For For E. ROBERT ROSKIND Mgmt For For KEVIN W. LYNCH Mgmt For For 02 TO TRANSACT SUCH OTHER BUSINESS AS MAY Mgmt Against Against PROPERLY COME BEFORE THE 2004 ANNUAL MEETING. ------------------------------------------------------------------------------------------------------- LIBERTY PROPERTY TRUST Agenda: 932118690 CUSIP: 531172104 Meeting Type: Annual Ticker: LRY Meeting Date: 5/5/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 J. ANTHONY HAYDEN Mgmt For For M. LEANNE LACHMAN Mgmt For For 02 APPROVAL OF THE PROPOSAL TO AMEND THE Mgmt For For DECLARATION OF TRUST OF THE TRUST TO AMEND AND RESTATE IN ITS ENTIRETY ARTICLE VII OF THE DECLARATION OF TRUST. 03 APPROVAL OF THE PROPOSAL TO AMEND THE Mgmt For For DECLARATION OF TRUST TO AMEND SECTIONS 6.2, 6.3 AND 10.1 (D) OF THE DECLARATION OF TRUST. 04 APPROVAL OF THE PROPOSAL TO AMEND THE Mgmt For For TRUST S AMENDED AND RESTATED SHARE INCENTIVE PLAN, INCLUDING AN AMENDMENT TO INCREASE THE NUMBER OF SHARES AVAILABLE FOR AWARDS THEREUNDER BY 1,500,000 SHARES TO 11,426,256 SHARES. ------------------------------------------------------------------------------------------------------- THE MACERICH COMPANY Agenda: 932141396 CUSIP: 554382101 Meeting Type: Annual Ticker: MAC Meeting Date: 5/28/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 DIANA M. LAING Mgmt For For DR. WILLIAM P. SEXTON Mgmt For For EDWARD C. COPPOLA Mgmt Withheld Against FRED S. HUBBELL Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS FOR THE YEAR ENDING DECEMBER 31, 2004. ------------------------------------------------------------------------------------------------------- MACK-CALI REALTY CORPORATION Agenda: 932143934 CUSIP: 554489104 Meeting Type: Annual Ticker: CLI Meeting Date: 5/20/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 VINCENT TESE Mgmt For For ROY J. ZUCKERBERG Mgmt For For ALAN S. BERNIKOW Mgmt For For MARTIN D. GRUSS Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. 03 APPROVAL AND ADOPTION OF THE MACK-CALI Mgmt For For REALTY CORPORATION 2004 INCENTIVE STOCK PLAN. 04 APPROVAL AND ADOPTION OF A SHAREHOLDER Shr Against For PROPOSAL, IF PRESENTED AT THE ANNUAL MEETING, REQUESTING THAT THE COMPANY IMPLEMENT A COMPREHENSIVE POLICY GOVERNING RELATED PARTY TRANSACTIONS. ------------------------------------------------------------------------------------------------------- MAGUIRE PROPERTIES INC. Agenda: 932166552 CUSIP: 559775101 Meeting Type: Annual Ticker: MPG Meeting Date: 6/3/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 LAWRENCE S. KAPLAN Mgmt For For CAROLINE S. MCBRIDE Mgmt For For 01 WALTER L. WEISMAN Mgmt For For ANDREA L. VAN DE KAMP Mgmt For For RICHARD I. GILCHRIST Mgmt For For ROBERT F. MAGUIRE III Mgmt For For 02 RATIFICATION OF THE SELECTION OF KPMG Mgmt For For LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE YEAR ENDED DECEMBER 31, 2004. ------------------------------------------------------------------------------------------------------- MID-AMERICA APARTMENT COMMUNITIES, I Agenda: 932146891 CUSIP: 59522J103 Meeting Type: Annual Ticker: MAA Meeting Date: 5/24/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 JOHN F. FLOURNOY Mgmt For For ROBERT F. FOGELMAN Mgmt For For MICHAEL S. STARNES Mgmt For For 02 RATIFICATION OF KPMG LLP AS THE Mgmt For For COMPANY S INDEPENDENT AUDITORS FOR 2004. 03 APPROVAL OF THE AMENDED AND RESTATED Mgmt Against Against CHARTER. 04 APPROVAL OF THE 2004 STOCK PLAN. Mgmt Against Against ------------------------------------------------------------------------------------------------------- NEW PLAN EXCEL REALTY TRUST, INC. Agenda: 932099129 CUSIP: 648053106 Meeting Type: Annual Ticker: NXL Meeting Date: 5/12/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 NORMAN GOLD Mgmt For For NINA MATIS Mgmt For For WILLIAM NEWMAN Mgmt For For GEORGE PUSKAR Mgmt For For ------------------------------------------------------------------------------------------------------- OMEGA HEALTHCARE INVESTORS, INC. Agenda: 932161817 CUSIP: 681936100 Meeting Type: Annual Ticker: OHI Meeting Date: 6/3/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 EDWARD LOWENTHAL Mgmt For For STEPHEN D. PLAVIN Mgmt For For 02 TO CONSIDER AND VOTE UPON A PROPOSAL Mgmt For For TO AMEND OUR ARTICLES OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF OUR PREFERRED STOCK FROM 10,000,000 TO 20,000,000 SHARES. 03 TO APPROVE THE OMEGA HEALTHCARE Mgmt For For INVESTORS, INC. 2004 STOCK INCENTIVE PLAN. ------------------------------------------------------------------------------------------------------- PRENTISS PROPERTIES TRUST Agenda: 932125354 CUSIP: 740706106 Meeting Type: Annual Ticker: PP Meeting Date: 5/5/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 RONALD G. STEINHART Mgmt For For DR. L. M. RIGGS, JR. Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS FOR 2004. 03 APPROVAL OF AN AMENDMENT TO THE Mgmt For For COMPANY S AMENDED AND RESTATED TRUSTEES SHARE INCENTIVE PLAN, AS AMENDED (THE TRUSTEES PLAN) TO INCREASE THE AGGREGATE NUMBER OF THE COMPANY S COMMON SHARES OF BENEFICIAL INTEREST, PAR VALUE $0.01 PER SHARE (THE COMMON SHARES) THAT MAY BE ISSUED UNDER THE TRUSTEES PLAN BY 50,000 COMMON SHARES. 04 APPROVAL OF AN AMENDMENT TO THE Mgmt For For COMPANY S 1996 SHARE INCENTIVE PLAN, AS AMENDED (THE 1996 PLAN), TO INCREASE THE AGGREGATE NUMBER OF THE COMPANY S COMMON SHARES THAT MAY BE ISSUED UNDER THE 1996 PLAN BY 1,500,000 COMMON SHARES. ------------------------------------------------------------------------------------------------------- RFS HOTEL INVESTORS, INC. Agenda: 932012165 CUSIP: 74955J108 Meeting Type: Special Ticker: RFS Meeting Date: 7/8/2003 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 TO APPROVE THE AGREEMENT, AS AMENDED, Mgmt For For BY AND AMONG CNL HOSPITALITY PROPERTIES, INC., A MARYLAND CORPORATION, CNL ROSE ACQUISITION CORP., A DELAWARE CORPORATION, RFS HOTEL INVESTORS, INC., A TENNESSEE CORPORATION, CNL ROSE ACQUISITION OP, LP, A TENNESSEE LIMITED PARTNERSHIP, AND RFS PARTNERSHIP LP, A TENNESSEE LIMITED PARTNERSHIP. ------------------------------------------------------------------------------------------------------- RAMCO-GERSHENSON PROPERTIES TRUST Agenda: 932158036 CUSIP: 751452202 Meeting Type: Annual Ticker: RPT Meeting Date: 6/10/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 ROBERT A. MEISTER Mgmt For For DENNIS E. GERSHENSON Mgmt For For JOEL D. GERSHENSON Mgmt For For 02 PROPOSAL TO RATIFY THE APPOINTMENT OF Mgmt For For DELOITTE & TOUCHE LLP AS THE TRUST S AUDITORS FOR 2004. ------------------------------------------------------------------------------------------------------- REALTY INCOME CORPORATION Agenda: 932108992 CUSIP: 756109104 Meeting Type: Annual Ticker: O Meeting Date: 5/11/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 ROGER P. KUPPINGER Mgmt For For MICHAEL D. MCKEE Mgmt For For ------------------------------------------------------------------------------------------------------- SENIOR HOUSING PROPERTIES TRUST Agenda: 932128932 CUSIP: 81721M109 Meeting Type: Annual Ticker: SNH Meeting Date: 5/11/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 JOHN L. HARRINGTON Mgmt For For GERARD M. MARTIN Mgmt For For ------------------------------------------------------------------------------------------------------- SUMMIT PROPERTIES INC. Agenda: 932127120 CUSIP: 866239106 Meeting Type: Annual Ticker: SMT Meeting Date: 5/26/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 JAMES H. HANCE, JR. Mgmt For For HENRY H. FISHKIND Mgmt For For WENDY P. RICHES Mgmt For For ------------------------------------------------------------------------------------------------------- TANGER FACTORY OUTLET CENTERS, INC. Agenda: 932143679 CUSIP: 875465106 Meeting Type: Annual Ticker: SKT Meeting Date: 5/14/2004 ISIN: For/Against Proposal Type Vote Management ------------------------------------------------------------------------------------------------------- 01 THOMAS E. ROBINSON Mgmt For For WILLIAM G. BENTON Mgmt For For JACK AFRICK Mgmt For For STEVEN B. TANGER Mgmt For For STANLEY K. TANGER Mgmt For For 02 TO RATIFY THE AMENDED AND RESTATED Mgmt For For INCENTIVE AWARD PLAN IN ORDER TO ADD RESTRICTED SHARES AND OTHER SHARE- BASED GRANTS TO THE PLAN, TO REFLECT THE MERGER OF THE UNIT OPTION PLAN OF THE OPERATING PARTNERSHIP INTO THE PLAN AND TO AMEND THE PLAN IN CERTAIN OTHER RESPECTS. 03 TO RATIFY THE INCREASE, FROM 2,250,000 Mgmt Against Against TO 3,000,000, IN THE AGGREGATE NUMBER OF COMMON SHARES WHICH MAY BE ISSUED UNDER THE INCENTIVE AWARD PLAN. 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) AEW Real Estate Income Fund By (Signature) /S/ John T. Hailer --------------------------- Name John T. Hailer Title Chief Executive Officer Date 08-31-2004