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 811-21380
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FLAHERTY & CRUMRINE/CLAYMORE TOTAL RETURN FUND INCORPORATED
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(Exact name of registrant as specified in charter)
301 E. Colorado Boulevard, Suite 720
PASADENA, CA 91101
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(Address of principal executive offices) (Zip code)
Donald F. Crumrine
Flaherty & Crumrine Incorporated
301 E. Colorado Boulevard, Suite 720
PASADENA, CA 91101
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(Name and address of agent for service)
Registrant's telephone number, including area code: 626-795-7300
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Date of fiscal year end: NOVEMBER 30
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Date of reporting period: JULY 1, 2006 - JUNE 30, 2007
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Form N-PX is to be used by a registered management investment company,
other than a small business investment company registered on Form N-5
(ss.ss. 239.24 and 274.5 of this chapter), to file reports with the
Commission, not later than August 31 of each year, containing the
registrant's proxy voting record for the most recent twelve-month
period ended June 30, pursuant to section 30 of the Investment Company
Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The
Commission may use the information provided on Form N-PX in its
regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form
N-PX, and the Commission will make this information public. A
registrant is not required to respond to the collection of information
contained in Form N-PX unless the Form displays a currently valid
Office of Management and Budget ("OMB") control number. Please direct
comments concerning the accuracy of the information collection burden
estimate and any suggestions for reducing the burden to the Secretary,
Securities and Exchange Commission, 100 F Street, NE, Washington, DC
20549. The OMB has reviewed this collection of information under the
clearance requirements of 44 U.S.C. ss. 3507.
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2006 TO JUNE 30, 2007
FORM N-PX SPREADSHEET*
REGISTRANT NAME: Flaherty & Crumrine / Claymore Total Return Fund Incorporated
INVESTMENT COMPANY ACT FILE NUMBER: 811 - 21380
REPORTING PERIOD: 07/01/2006 - 06/30/2007
REGISTRANT ADDRESS: 301 E. Colorado Boulevard, Suite 720, Pasadena, California 91101
NAME OF SERIES (AS APPLICABLE):
FUND'S VOTE
FOR OR
AGAINST
PROPOSAL, OR
WHETHER ABSTAIN; WHETHER
WHO FUND FOR OR VOTE
PROPOSED CAST WITHHOLD WAS FOR
ISSUER OF EXCHANGE MATTER: VOTE REGARDING OR
PORTFOLIO TICKER SHAREHOLDER SUMMARY OF ISSUER/ ON ELECTION AGAINST
SECURITY SYMBOL CUSIP # MEETING DATE MATTER VOTED ON SHAREHOLDER MATTER OF DIRECTORS MANAGEMENT
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Wisconsin Power &
Light WIS-P 976826867 5/23/2007 Approve directors Issuer Yes For For
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Wisconsin Power &
Light WIS-P 976826867 5/23/2007 Approve auditor Issuer Yes For For
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Wachovia
Preferred Funding WNA-P 92977V206 5/14/2007 Approve directors Issuer Yes For For
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Scottish Re Group SCT G73537402 2/23/2007 Increase share capital and other
amendments Issuer Yes For For
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Scottish Re Group SCT G73537402 2/23/2007 Issue convert.shares that'll change
control of SCT Issuer Yes For For
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Scottish Re Group SCT G73537402 2/23/2007 Adjourn general meeting if not enough
votes gotten Issuer Yes For For
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Public Storage
Inc PSA 74460D232 5/3/2007 Reorganize from a California Corp to
Maryland REIT Issuer Yes Against Against
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Public Storage
Inc PSA 74460D232 5/3/2007 Adjourn/Postpone annual meeting if
necessary Issuer Yes For For
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Public Storage
Inc PSA 74460D380 5/3/2007 Reorganize from a California Corp to
Maryland REIT Issuer Yes Against Against
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Public Storage
Inc PSA 74460D380 5/3/2007 Adjourn/Postpone annual meeting if
necessary Issuer Yes For For
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Public Storage
Inc PSA 74460D273 5/3/2007 Reorganize from a California Corp to
Maryland REIT Issuer Yes Against Against
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Public Storage
Inc PSA 74460D273 5/3/2007 Adjourn/Postpone annual meeting if
necessary Issuer Yes For For
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New York
Community Bancorp NYB 649445103 5/30/2007 Approve directors Issuer Yes For For
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New York
Community Bancorp NYB 649445103 5/30/2007 Approve auditor Issuer Yes For For
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Carramerica
Realty CRE 144418704 7/11/2006 Approve merger with Nantucket
Acquisition Issuer No (1) NA NA
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Carramerica
Realty CRE 144418704 7/11/2006 Approve adjourning meeting to solicit
more proxies Issuer No (1) NA NA
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*Complete for each series of the Registrant, as applicable.
1) Pursuant to its proxy voting policies, the registrant did not cast a vote
since the securities in question were preferred or preference stocks of a
company the common stock of which was controlled by the parent company and
consequently, the election outcome was not in doubt.
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 FLAHERTY & CRUMRINE/CLAYMORE TOTAL RETURN FUND INCORPORATED
By (Signature and Title)* /S/ DONALD F. CRUMRINE
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Donald F. Crumrine, Chief Executive Officer
(Principal Executive Officer)
Date 08/24/07
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*Print the name and title of each signing officer under his or her
signature.