UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-21129
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FLAHERTY & CRUMRINE/CLAYMORE PREFERRED SECURITIES INCOME 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 Inc.
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, 2003 - JUNE 30, 2004
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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, 450 Fifth Street, NW, Washington,
DC 20549-0609. The OMB has reviewed this collection of information under the
clearance requirements of 44 U.S.C. ss. 3507.
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2003 TO JUNE 30, 2004
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 - 21129
Exact name of registrant as specified in charter: Flaherty & Crumrine / Claymore Preferred Secutities Income Fund
Address of principal executive offices: 301 E. Colorado Boulevard, Suite 720, Pasadena, California 91101
Name and address of agent for service: Donald F. Crumrine, Flaherty & Crumrine Preferred Income Fund
Incorporated, 301 E. Colorado Boulevard, Suite 720,
Pasadena, California 91101
Registrant's telephone number, including area code: 626 - 795 - 7300
Date of fiscal year end: November 30, 2004
Date of reporting period: Twelve Months ended June 30, 2004
ITEM 1. PROXY VOTING RECORD
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NAME OF THE ISSUER EXCHANGE TICKER SYMBOL CUSIP SHAREHOLDER MEETING DATE
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Duke Energy Corporation DUK 264399106 13-May-04
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VOTE FOR OR AGAINST VOTE FOR OR AGAINST
MATTER VOTED PROPOSED BY VOTE CAST PROPOSAL MANAGEMENT
Approve directors Issuer Yes For For
Ratify auditors Issuer Yes For For
Approve incentives Issuer Yes For For
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NAME OF THE ISSUER EXCHANGE TICKER SYMBOL CUSIP SHAREHOLDER MEETING DATE
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Wachovia Preferred Funding Corp.
7.25% Series A WNA/P 92977V206 12-Dec-03
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VOTE FOR OR AGAINST VOTE FOR OR AGAINST
MATTER VOTED PROPOSED BY VOTE CAST PROPOSAL MANAGEMENT
Approve director slate. Issuer Yes Abstain Against
THURSDAY, AUGUST 05, 2004 PAGE 1 OF 2
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NAME OF THE ISSUER EXCHANGE TICKER SYMBOL CUSIP SHAREHOLDER MEETING DATE
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Xcel Energy Inc. XEL C 98389B407 20-May-04
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VOTE FOR OR AGAINST VOTE FOR OR AGAINST
MATTER VOTED PROPOSED BY VOTE CAST PROPOSAL MANAGEMENT
Eliminate Classified
Board terms. Issuer Yes For For
Approve directors slate Issuer Yes For For
Approve Director Stock
compensation plan. Issuer Yes For For
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NAME OF THE ISSUER EXCHANGE TICKER SYMBOL CUSIP SHAREHOLDER MEETING DATE
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Xcel Energy Inc. XEL D 98389B506 20-May-04
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VOTE FOR OR AGAINST VOTE FOR OR AGAINST
MATTER VOTED PROPOSED BY VOTE CAST PROPOSAL MANAGEMENT
Eliminate Classified
Board terms. Issuer Yes For For
Approve directors slate Issuer Yes For For
Approve Director Stock
compensation plan. Issuer Yes For For
Notes: (1) The registrant did not cast a vote since the securities in question
were preferred or preference stocks of a utility operating company the common
stock of which was 100% controlled by the parent company and where the election
outcome was therefore foreordained.
THURSDAY, AUGUST 05, 2004 PAGE 2 OF 2
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 PREFERRED SECURITIES INCOME FUND
INCORPORATED
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By (Signature and Title)* /S/ DONALD F. CRUMRINE
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Donald F. Crumrine, Director, Chairman of the Board &
Chief Executive Officer
(Principal Executive Officer)
Date AUGUST 6, 2004
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*Print the name and title of each signing officer under his or her signature.