---

 

FORM N-PX

 

ANNUAL REPORT OF PROXY VOTING RECORD OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 811-22003

 

Nuveen Core Equity Alpha Fund

---

(Exact name of registrant as specified in charter)

 

333 West Wacker Drive, Chicago, Illinois 60606

---

(Address of principal executive offices) (Zip Code)

 

Gifford R. Zimmerman - Chief Administrative Officer

---

(Name and address of agent for service)

 

Registrant’s telephone number, including area code: 312-917-7700

 

Date of fiscal year-end: December 31

 

Date of reporting period: June 30, 2008

 

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Item 1. Proxy Voting Record

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

01/24/08 - A

Air Products & Chemicals, Inc. *APD*

009158106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

03/11/08 - A

Analog Devices, Inc. *ADI*

032654105

1

Elect Directors

For

Split

Management

1.1

Elect Director John L. Doyle — For

1.2

Elect Director Paul J. Severino — Withhold

1.3

Elect Director Ray Stata — For

2

Ratify Auditors

For

For

Management

3

Provide for Majority Voting for Uncontested Election of Directors

For

For

Management

03/04/08 - A

Apple, Inc. *AAPL*

037833100

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

4

Amend Bylaws to Establish a Board Committee on Sustainability

Against

Against

Shareholder

03/11/08 - A

Applied Materials, Inc. *AMAT*

038222105

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

01/29/08 - A

Becton, Dickinson and Company *BDX*

075887109

1

Elect Directors

For

Split

Management

1.1

Elect Director Basil L. Anderson — For

1.2

Elect Director Marshall O. Larsen — For

1.3

Elect Director Gary A. Mecklenburg — For

1.4

Elect Director Cathy E. Minehan — Withhold

1.5

Elect Director Alfred Sommer — For

2

Ratify Auditors

For

For

Management

3

Declassify the Board of Directors

Against

For

Shareholder

4

Provide for Cumulative Voting

Against

For

Shareholder

5

Report on Product Safety

Against

For

Shareholder

03/26/08 - A

Ciena Corporation *CIEN*

171779309

1

Elect Director Harvey B. Cash

For

For

Management

2

Elect Director Judith M. O’Brien

For

For

Management

3

Elect Director Gray B. Smith

For

For

Management

 

Page 1

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

4

Approve Omnibus Stock Plan

For

For

Management

5

Increase Authorized Common Stock

For

For

Management

6

Ratify Auditors

For

For

Management

02/27/08 - A

Deere & Co. *DE*

244199105

1

Elect Director T. Kevin Dunnigan

For

For

Management

2

Elect Director Charles O. Holliday, Jr.

For

For

Management

3

Elect Director Dipak C. Jain

For

For

Management

4

Elect Director Joachim Milberg

For

For

Management

5

Elect Director Richard B. Myers

For

For

Management

6

Amend Executive Incentive Bonus Plan

For

For

Management

7

Ratify Auditors

For

For

Management

01/31/08 - A

Franklin Resources, Inc. *BEN*

354613101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Executive Incentive Bonus Plan

For

For

Management

03/19/08 - A

Hewlett-Packard Co. *HPQ*

428236103

1

Elect Director Lawrence T. Babbio, Jr.

For

For

Management

2

Elect Director Sari M. Baldauf

For

For

Management

3

Elect Director Richard A. Hackborn

For

For

Management

4

Elect Director John H. Hammergren

For

For

Management

5

Elect Director Mark V. Hurd

For

For

Management

6

Elect Director Joel Z. Hyatt

For

For

Management

7

Elect Director John R. Joyce

For

For

Management

8

Elect Director Robert L. Ryan

For

For

Management

9

Elect Director Lucille S. Salhany

For

For

Management

10

Elect Director G. Kennedy Thompson

For

For

Management

11

Ratify Auditors

For

For

Management

01/24/08 - A

Jacobs Engineering Group Inc. *JEC*

469814107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

01/23/08 - A

Johnson Controls, Inc. *JCI*

478366107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

01/16/08 - A

Monsanto Co. *MON*

61166W101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Separate Chairman and CEO Positions

Against

Against

Shareholder

4

Amend Bylaws to Not Indemnify Directors for Social and Environmental Liabilities

Against

Against

Shareholder

 

Page 2

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

02/06/08 - A

Rockwell Automation Inc *ROK*

773903109

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Omnibus Stock Plan

For

For

Management

02/12/08 - A

Rockwell Collins, Inc. *COL*

774341101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

03/06/08 - A

The Walt Disney Company *DIS*

254687106

1

Elect Director Susan E. Arnold

For

For

Management

2

Elect Director John E. Bryson

For

For

Management

3

Elect Director John S. Chen

For

For

Management

4

Elect Director Judith L. Estrin

For

For

Management

5

Elect Director Robert A. Iger

For

For

Management

6

Elect Director Steven P. Jobs

For

Against

Management

7

Elect Director Fred H. Langhammer

For

For

Management

8

Elect Director Aylwin B. Lewis

For

For

Management

9

Elect Director Monica C. Lozano

For

For

Management

10

Elect Director Robert W. Matschullat

For

For

Management

11

Elect Director John E. Pepper, Jr.

For

For

Management

12

Elect Director Orin C. Smith

For

For

Management

13

Ratify Auditors

For

For

Management

14

Amend Omnibus Stock Plan

For

For

Management

15

Amend Executive Incentive Bonus Plan

For

For

Management

02/01/08 - A

Tyson Foods, Inc. *TSN*

902494103

1

Elect Directors

For

Split

Management

1.1

Elect Director Don Tyson — Withhold

1.2

Elect Director John Tyson — Withhold

1.3

Elect Director Richard L. Bond — Withhold

1.4

Elect Director Scott T. Ford — Withhold

1.5

Elect Director Lloyd V. Hackley — Withhold

1.6

Elect Director Jim Kever — Withhold

1.7

Elect Director Kevin M. McNamara — For

1.8

Elect Director JoAnn R. Smith — Withhold

1.9

Elect Director Barbara A. Tyson — Withhold

1.10

Elect Director Albert C. Zapanta — Withhold

2

Ratify Auditors

For

For

Management

 

Page 3

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

03/12/08 - A

Wm. Wrigley Jr. Co. *WWY*

982526105

1

Elect Director John Rau

For

For

Management

2

Elect Director Richard K. Smucker

For

For

Management

3

Elect Director William Wrigley, Jr.

For

For

Management

4

Ratify Auditors

For

For

Management

05/13/08 - A

3M CO *MMM*

88579Y101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Omnibus Stock Plan

For

For

Management

04/25/08 - A

Abbott Laboratories *ABT*

002824100

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Human Rights Policy to Address Access to Medicines

Against

Against

Shareholder

4

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

06/11/08 - A

Abercrombie & Fitch Co. *ANF*

002896207

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

05/08/08 - A

Advanced Micro Devices, Inc. *AMD*

007903107

1

Elect Director Hector de J. Ruiz

For

For

Management

2

Elect Director W. Michael Barnes

For

For

Management

3

Elect Director John E. Caldwell

For

Against

Management

4

Elect Director Bruce L. Claflin

For

For

Management

5

Elect Director Frank M. Clegg

For

For

Management

6

Elect Director H. Paulett Eberhart

For

For

Management

7

Elect Director Derrick R. Meyer

For

For

Management

8

Elect Director Robert B. Palmer

For

For

Management

9

Elect Director Morton L. Topfer

For

For

Management

10

Ratify Auditors

For

For

Management

05/30/08 - A

Aetna Inc. *AET*

00817Y108

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Provide for Cumulative Voting

Against

For

Shareholder

4

Require Director Nominee Qualifications

Against

Against

Shareholder

05/05/08 - A

AFLAC Incorporated *AFL*

001055102

1

Elect Directors

For

For

Management

 

Page 4

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

2

Increase Authorized Common Stock

For

For

Management

3

Amend Executive Incentive Bonus Plan

For

For

Management

4

Advisory Vote to Ratify Named Executive Officers’ Compensation

For

For

Management

5

Ratify Auditors

For

For

Management

05/08/08 - A

Alcoa Inc. *AA*

013817101

1

Elect Directors

For

For

Management

2

Ratify Auditor

For

For

Management

3

Report on Global Warming

Against

Against

Shareholder

05/15/08 - A

Allegheny Energy, Inc. *AYE*

017361106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Omnibus Stock Plan

For

For

Management

4

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/09/08 - A

Allegheny Technologies Incorporated *ATI*

01741R102

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

05/06/08 - A

Allergan, Inc. *AGN*

018490102

1

Elect Directors

For

For

Management

2

Approve Omnibus Stock Plan

For

For

Management

3

Ratify Auditors

For

For

Management

4

Pay For Superior Performance

Against

For

Shareholder

5

Report on Animal Testing

Against

Against

Shareholder

05/13/08 - A

Altera Corp. *ALTR*

021441100

1

Elect Director John P. Daane

For

For

Management

2

Elect Director Robert J. Finocchio, Jr.

For

For

Management

3

Elect Director Kevin McGarity

For

For

Management

4

Elect Director Gregory E. Myers

For

For

Management

5

Elect Director John Shoemaker

For

For

Management

6

Elect Director Susan Wang

For

For

Management

7

Amend Omnibus Stock Plan

For

For

Management

8

Amend Omnibus Stock Plan

For

For

Management

9

Amend Qualified Employee Stock Purchase Plan

For

For

Management

10

Ratify Auditors

For

For

Management

05/28/08 - A

Altria Group, Inc. *MO*

02209S103

1

Elect Director Elizabeth E. Bailey

For

For

Management

 

Page 5

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

2

Elect Director Gerald L. Baliles

For

For

Management

3

Elect Director Dinyar S. Devitre

For

For

Management

4

Elect Director Thomas F. Farrell II

For

For

Management

5

Elect Director Robert E. R. Huntley

For

For

Management

6

Elect Director Thomas W. Jones

For

For

Management

7

Elect Director George Mu oz

For

For

Management

8

Elect Director Michael E. Szymanczyk

For

For

Management

9

Ratify Auditors

For

For

Management

10

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

11

Provide for Cumulative Voting

Against

For

Shareholder

12

Adopt the Marketing and Advertising Provisions of the U.S. Master Settlement Agreement Globally

Against

Against

Shareholder

13

Cease Advertising Campaigns Oriented to Prevent Youth Smoking

Against

Against

Shareholder

14

Implement the “Two Cigarette” Marketing Approach

Against

Against

Shareholder

15

Adopt Principles for Health Care Reform

Against

Against

Shareholder

05/29/08 - A

Amazon.com, Inc. *AMZN*

023135106

1

Elect Director Jeffrey P. Bezos

For

For

Management

2

Elect Director Tom A. Alberg

For

For

Management

3

Elect Director John Seely Brown

For

For

Management

4

Elect Director L. John Doerr

For

For

Management

5

Elect Director William B. Gordon

For

For

Management

6

Elect Director Myrtle S. Potter

For

For

Management

7

Elect Director Thomas O. Ryder

For

For

Management

8

Elect Director Patricia Q. Stonesifer

For

For

Management

9

Ratify Auditors

For

For

Management

04/22/08 - A

American Electric Power Co. *AEP*

025537101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/28/08 - A

American Express Co. *AXP*

025816109

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Require Majority Vote for Non-Contested Election

For

For

Management

4

Reduce Supermajority Vote Requirement

For

For

Management

5

Reduce Supermajority Vote Requirement

For

For

Management

6

Reduce Supermajority Vote Requirement

For

For

Management

7

Reduce Supermajority Vote Requirement

For

For

Management

8

Provide for Cumulative Voting

Against

For

Shareholder

 

Page 6

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/14/08 - A

American International Group, Inc. *AIG*

026874107

1

Elect Director Stephen F. Bollenbach

For

For

Management

2

Elect Director Martin S. Feldstein

For

For

Management

3

Elect Director Ellen V. Futter

For

For

Management

4

Elect Director Richard C. Holbrooke

For

For

Management

5

Elect Director Fred H. Langhammer

For

For

Management

6

Elect Director George L. Miles, Jr.

For

For

Management

7

Elect Director Morris W. Offit

For

For

Management

8

Elect Director James F. Orr, III

For

For

Management

9

Elect Director Virginia M. Rometty

For

For

Management

10

Elect Director Martin J. Sullivan

For

For

Management

11

Elect Director Michael H. Sutton

For

For

Management

12

Elect Director Edmund S.W. Tse

For

For

Management

13

Elect Director Robert B. Willumstad

For

For

Management

14

Ratify Auditors

For

For

Management

15

Report on Human Rights Policies Relating to Water Use

Against

For

Shareholder

16

Report on Political Contributions

Against

For

Shareholder

05/15/08 - A

American Tower Corp. *AMT*

029912201

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/23/08 - A

Ameriprise Financial, Inc. *AMP*

03076C106

1

Elect Director W. Walker Lewis

For

For

Management

2

Elect Director Siri S. Marshall

For

For

Management

3

Elect Director William H. Turner

For

For

Management

4

Ratify Auditors

For

For

Management

05/20/08 - A

Anadarko Petroleum Corp. *APC*

032511107

1

Elect Director John R. Butler, Jr.

For

For

Management

2

Elect Director Luke R. Corbett

For

For

Management

3

Elect Director John R. Gordon

For

Against

Management

4

Ratify Auditors

For

For

Management

5

Approve Omnibus Stock Plan

For

For

Management

6

Approve Non-Employee Director Omnibus Stock Plan

For

For

Management

7

Declassify the Board of Directors

Against

For

Shareholder

8

Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity

Against

Against

Shareholder

05/16/08 - A

Aon Corp. *AOC*

037389103

1

Elect Directors

For

Split

Management

1.1

Elect Director Patrick G. Ryan — For

1.2

Elect Director Gregory C. Case — For

 

Page 7

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

1.3

Elect Director Fulvio Conti — For

1.4

Elect Director Edgar D. Jannotta — For

1.5

Elect Director Jan Kalff — Withhold

1.6

Elect Director Lester B. Knight — For

1.7

Elect Director J. Michael Losh — For

1.8

Elect Director R. Eden Martin — For

1.9

Elect Director Andrew J. McKenna — For

1.10

Elect Director Robert S. Morrison — For

1.11

Elect Director Richard B. Myers — For

1.12

Elect Director Richard C. Notebaert — For

1.13

Elect Director John W. Rogers, Jr. — For

1.14

Elect Director Gloria Santona — For

1.15

Elect Director Carolyn Y. Woo — For

2

Ratify Auditors

For

For

Management

05/08/08 - A

Apache Corp. *APA*

037411105

1

Elect Director G. Steven Farris

For

For

Management

2

Elect Director Randolph M. Ferlic

For

For

Management

3

Elect Director A. D. Frazier, Jr.

For

For

Management

4

Elect Director John A. Kocur

For

For

Management

5

Reimburse Proxy Contest Expenses

Against

Against

Shareholder

04/25/08 - A

AT&T Inc *T*

00206R102

1

Elect Director Randall L. Stephenson

For

For

Management

2

Elect Director William F. Aldinger III

For

For

Management

3

Elect Director Gilbert F. Amelio

For

For

Management

4

Elect Director Reuben V. Anderson

For

For

Management

5

Elect Director James H. Blanchard

For

For

Management

6

Elect Director August A. Busch III

For

For

Management

7

Elect Director James P. Kelly

For

For

Management

8

Elect Director Jon C. Madonna

For

For

Management

9

Elect Director Lynn M. Martin

For

For

Management

10

Elect Director John B. McCoy

For

For

Management

11

Elect Director Mary S. Metz

For

For

Management

12

Elect Director Joyce M. Roche

For

For

Management

13

Elect Director Laura D’ Andrea Tyson

For

For

Management

14

Elect Director Patricia P. Upton

For

For

Management

15

Ratify Auditors

For

For

Management

16

Report on Political Contributions

Against

For

Shareholder

17

Exclude Pension Credits from Earnings Performance Measure

Against

For

Shareholder

18

Require Independent Lead Director

Against

For

Shareholder

19

Establish SERP Policy

Against

For

Shareholder

20

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

 

Page 8

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

06/12/08 - A

Autodesk, Inc. *ADSK*

052769106

1

Elect Director Carol A. Bartz

For

For

Management

2

Elect Director Carl Bass

For

For

Management

3

Elect Director Mark A. Bertelsen

For

For

Management

4

Elect Director Crawford W. Beveridge

For

For

Management

5

Elect Director J. Hallam Dawson

For

For

Management

6

Elect Director Per-Kristian Halvorsen

For

For

Management

7

Elect Director Sean M. Maloney

For

For

Management

8

Elect Director Elizabeth A. Nelson

For

For

Management

9

Elect Director Charles J. Robel

For

For

Management

10

Elect Director Steven M. West

For

For

Management

11

Ratify Auditors

For

For

Management

12

Amend Non-Employee Director Omnibus Stock Plan

For

For

Management

05/07/08 - A

AutoNation, Inc. *AN*

05329W102

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Omnibus Stock Plan

For

For

Management

4

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

5

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/01/08 - A

Avon Products, Inc. *AVP*

054303102

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Executive Incentive Bonus Plan

For

For

Management

4

Report on Nanomaterial Product Safety

Against

For

Shareholder

04/24/08 - A

Baker Hughes Incorporated *BHI*

057224107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Executive Incentive Bonus Plan

For

For

Management

4

Other Business

For

Against

Management

04/23/08 - A

Ball Corp. *BLL*

058498106

1

Elect Directors

For

Split

Management

1.1

Elect Director Robert W. Alspaugh — For

1.2

Elect Director George M. Smart — Withhold

1.3

Elect Director Theodore M. Solso — Withhold

1.4

Elect Director Stuart A. Taylor II — Withhold

2

Ratify Auditors

For

For

Management

3

Declassify the Board of Directors

Against

For

Shareholder

 

Page 9

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

04/23/08 - A

Bank of America Corp. *BAC*

060505104

1

Elect Director William Barnet, III

For

For

Management

2

Elect Director Frank P. Bramble, Sr.

For

For

Management

3

Elect Director John T. Collins

For

For

Management

4

Elect Director Gary L. Countryman

For

For

Management

5

Elect Director Tommy R. Franks

For

For

Management

6

Elect Director Charles K. Gifford

For

For

Management

7

Elect Director Kenneth D. Lewis

For

For

Management

8

Elect Director Monica C. Lozano

For

For

Management

9

Elect Director Walter E. Massey

For

For

Management

10

Elect Director Thomas J. May

For

For

Management

11

Elect Director Patricia E. Mitchell

For

For

Management

12

Elect Director Thomas M. Ryan

For

For

Management

13

Elect Director O. Temple Sloan, Jr.

For

For

Management

14

Elect Director Meredith R. Spangler

For

For

Management

15

Elect Director Robert L. Tillman

For

For

Management

16

Elect Director Jackie M. Ward

For

For

Management

17

Ratify Auditors

For

For

Management

18

Limit/Prohibit Executive Stock-Based Awards

Against

Against

Shareholder

19

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

20

Limit Executive Compensation

Against

Against

Shareholder

21

Provide for Cumulative Voting

Against

For

Shareholder

22

Require Independent Board Chairman

Against

For

Shareholder

23

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

24

Report on the Equator Principles

Against

Against

Shareholder

25

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

Shareholder

05/06/08 - A

Baxter International Inc. *BAX*

071813109

1

Elect Director Wayne T. Hockmeyer

For

For

Management

2

Elect Director Joseph B. Martin

For

For

Management

3

Elect Director Robert L. Parkinson

For

For

Management

4

Elect Director Thomas T. Stallkamp

For

For

Management

5

Elect Director Albert P.L. Stroucken

For

For

Management

6

Ratify Auditors

For

For

Management

04/22/08 - A

BB&T Corporation *BBT*

054937107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

06/25/08 - A

Best Buy Co., Inc. *BBY*

086516101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Qualified Employee Stock Purchase Plan

For

For

Management

 

Page 10

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

4

Amend By-laws for Majority Voting Standard

For

Against

Management

05/29/08 - A

Big Lots, Inc. *BIG*

089302103

1

Elect Directors

For

For

Management

2

Amend Omnibus Stock Plan

For

For

Management

3

Ratify Auditors

For

For

Management

06/19/08 - PC

Biogen Idec Inc. *BIIB*

09062X103

Management Proxy (White Card)

1.1

Elect Director Stelios Papadopoulos

For

For

Management

1.2

Elect Director Cecil Pickett

For

For

Management

1.3

Elect Director Lynn Schenk

For

For

Management

1.4

Elect Director Phillip Sharp

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Omnibus Stock Plan

For

For

Management

4

Approve Executive Incentive Bonus Plan

For

For

Management

5

Amend Bylaws to Remove Certain Provisions

Against

Against

Shareholder

Dissident Proxy (Gold Card)

1.1

Elect Director Alexander J. Denner

For

Do Not Vote

Shareholder

1.2

Elect Director Anne B. Young

For

Do Not Vote

Shareholder

1.3

Elect Director Richard C. Mulligan

For

Do Not Vote

Shareholder

1.4

Management Nominee - Phillip Sharp

For

Do Not Vote

Shareholder

2

Amend Bylaws to Remove Certain Provisions

For

Do Not Vote

Shareholder

3

Ratify Auditors

For

Do Not Vote

Management

4

Approve Omnibus Stock Plan

Against

Do Not Vote

Management

5

Approve Executive Incentive Bonus Plan

Against

Do Not Vote

Management

05/06/08 - A

Bristol-Myers Squibb Co. *BMY*

110122108

1

Elect Director Lewis B. Campbell

For

For

Management

2

Elect Director James M. Cornelius

For

For

Management

3

Elect Director Louis J. Freeh

For

For

Management

4

Elect Director Laurie H. Glimcher

For

For

Management

5

Elect Director Michael Grobstein

For

For

Management

6

Elect Director Leif Johansson

For

For

Management

7

Elect Director Alan J. Lacey

For

For

Management

8

Elect Director Vicki L. Sato

For

For

Management

9

Elect Director Togo D. West, Jr.

For

For

Management

10

Elect Director R. Sanders Williams

For

For

Management

11

Ratify Auditors

For

For

Management

12

Increase Disclosure of Executive Compensation

Against

Against

Shareholder

 

Page 11

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/14/08 - A

Cameron International Corp *CAM*

13342B105

1

Elect Directors

For

Split

Management

1.1

Elect Director Peter J. Fluor — Withhold

1.2

Elect Director Jack B. Moore — For

1.3

Elect Director David Ross III — Withhold

2

Ratify Auditors

For

For

Management

04/24/08 - A

Capital One Financial Corp. *COF*

14040H105

1

Elect Director Patrick W. Gross

For

Against

Management

2

Elect Director Ann Fritz Hackett

For

Against

Management

3

Elect Director Pierre E. Leroy

For

Against

Management

4

Ratify Auditors

For

For

Management

5

Amend Nonqualified Employee Stock Purchase Plan

For

For

Management

6

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

06/11/08 - A

Caterpillar Inc. *CAT*

149123101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Declassify the Board of Directors

Against

For

Shareholder

4

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

5

Report on Foreign Military Sales

Against

Against

Shareholder

06/18/08 - A

Celgene Corp. *CELG*

151020104

1

Elect Directors

For

Split

Management

1.1

Elect Director Sol J. Barer — For

1.2

Elect Director Robert J. Hugin — For

1.3

Elect Director Michael D. Casey — For

1.4

Elect Director Rodman L. Drake — For

1.5

Elect Director A. Hull Hayes, Jr. — Withhold

1.6

Elect Director Gilla Kaplan — For

1.7

Elect Director James J. Loughlin — For

1.8

Elect Director Ernest Mario — For

1.9

Elect Director Walter L. Robb — For

2

Ratify Auditors

For

For

Management

3

Amend Omnibus Stock Plan

For

For

Management

04/24/08 - A

Centerpoint Energy Inc. *CNP*

15189T107

1

Elect Director O. Holcombe Crosswell

For

For

Management

2

Elect Director Janiece M. Longoria

For

For

Management

3

Elect Director Thomas F. Madison

For

For

Management

 

Page 12

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

4

Elect Director Sherman M. Wolff

For

For

Management

5

Declassify the Board of Directors

For

For

Management

6

Ratify Auditors

For

For

Management

7

Other Business

None

Against

Management

05/08/08 - A

CenturyTel, Inc. *CTL*

156700106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

06/06/08 - A

Chesapeake Energy Corp. *CHK*

165167107

1

Elect Directors

For

For

Management

2

Amend Omnibus Stock Plan

For

For

Management

3

Ratify Auditors

For

For

Management

4

Declassify the Board of Directors

Against

For

Shareholder

05/28/08 - A

Chevron Corporation *CVX*

166764100

1

Elect Director S. H. Armacost

For

For

Management

2

Elect Director L. F. Deily

For

For

Management

3

Elect Director R. E. Denham

For

For

Management

4

Elect Director R. J. Eaton

For

For

Management

5

Elect Director S. Ginn

For

For

Management

6

Elect Director F. G. Jenifer

For

For

Management

7

Elect Director J. L. Jones

For

For

Management

8

Elect Director S. Nunn

For

For

Management

9

Elect Director D. J. O’Reilly

For

For

Management

10

Elect Director D. B. Rice

For

For

Management

11

Elect Director P. J. Robertson

For

For

Management

12

Elect Director K. W. Sharer

For

For

Management

13

Elect Director C. R. Shoemate

For

For

Management

14

Elect Director R. D. Sugar

For

For

Management

15

Elect Director C. Ware

For

For

Management

16

Ratify Auditors

For

For

Management

17

Increase Authorized Common Stock

For

For

Management

18

Require Independent Board Chairman

Against

Against

Shareholder

19

Adopt Human Rights Policy

Against

For

Shareholder

20

Report on Environmental Impact of Oil Sands Operations in Canada

Against

For

Shareholder

21

Adopt Quantitative GHG Goals for Products and Operations

Against

Against

Shareholder

22

Adopt Guidelines for Country Selection

Against

Against

Shareholder

23

Report on Market Specific Environmental Laws

Against

Against

Shareholder

04/23/08 - A

CIGNA Corp. *CI*

125509109

1

Elect Director Peter N. Larson

For

For

Management

2

Elect Director Roman Martinez IV

For

For

Management

3

Elect Director Carol Cox Wait

For

For

Management

 

Page 13

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

4

Elect Director William D. Zollars

For

Against

Management

5

Ratify Auditors

For

For

Management

6

Eliminate Class of Preferred Stock

For

For

Management

7

Reduce Supermajority Vote Requirement

For

For

Management

8

Reduce Supermajority Vote Requirement

For

For

Management

05/03/08 - A

Cincinnati Financial Corp. *CINF*

172062101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Code of Regulations to Permit the Issuance of Uncertified Shares

For

For

Management

04/22/08 - A

Citigroup Inc. *C*

172967101

1

Elect Director C. Michael Armstrong

For

For

Management

2

Elect Director Alain J.P. Belda

For

Against

Management

3

Elect Director Sir Winfried Bischoff

For

For

Management

4

Elect Director Kenneth T. Derr

For

Against

Management

5

Elect Director John M. Deutch

For

For

Management

6

Elect Director Roberto Hernandez Ramirez

For

For

Management

7

Elect Director Andrew N. Liveris

For

For

Management

8

Elect Director Anne Mulcahy

For

Against

Management

9

Elect Director Vikram Pandit

For

For

Management

10

Elect Director Richard D. Parsons

For

Against

Management

11

Elect Director Judith Rodin

For

For

Management

12

Elect Director Robert E. Rubin

For

For

Management

13

Elect Director Robert L. Ryan

For

For

Management

14

Elect Director Franklin A. Thomas

For

For

Management

15

Ratify Auditors

For

For

Management

16

Disclose Prior Government Service

Against

Against

Shareholder

17

Report on Political Contributions

Against

For

Shareholder

18

Limit Executive Compensation

Against

Against

Shareholder

19

Require More Director Nominations Than Open Seats

Against

Against

Shareholder

20

Report on the Equator Principles

Against

Against

Shareholder

21

Adopt Employee Contract

Against

For

Shareholder

22

Amend GHG Emissions Policies to Limit Coal Financing

Against

Against

Shareholder

23

Report on Human Rights Investment Policies

Against

Against

Shareholder

24

Require Independent Board Chairman

Against

Against

Shareholder

25

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

26

Indicate If You Would Like to Keep Your Vote Confidential Under Current Policy

None

Abstain

Management

05/30/08 - A

Citrix Systems, Inc. *CTXS*

177376100

1

Elect Director Murray J. Demo

For

For

Management

2

Elect Director Asiff S. Hirji

For

For

Management

3

Amend Omnibus Stock Plan

For

For

Management

 

Page 14

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

4

Ratify Auditors

For

For

Management

05/27/08 - A

Clear Channel Communications, Inc. *CCU*

184502102

1

Elect Director Alan D. Feld

For

For

Management

2

Elect Director Perry J. Lewis

For

For

Management

3

Elect Director L. Lowry Mays

For

For

Management

4

Elect Director Mark P. Mays

For

For

Management

5

Elect Director Randall T. Mays

For

For

Management

6

Elect Director B. J. McCombs

For

For

Management

7

Elect Director Phyllis B. Riggins

For

For

Management

8

Elect Director Theodore H. Strauss

For

For

Management

9

Elect Director J. C. Watts

For

For

Management

10

Elect Director John H. Williams

For

For

Management

11

Elect Director John B. Zachry

For

For

Management

12

Ratify Auditors

For

For

Management

13

Adopt Policy for Engagement With Proponents of Shareholder Proposals Supported by a Majority Vote

Against

For

Shareholder

14

Require Independent Compensation Committee

Against

For

Shareholder

15

Adopt Anti Gross-up Policy

Against

For

Shareholder

16

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/07/08 - A

CME Group Inc. *CME*

12572Q105

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/22/08 - A

Coca-Cola Enterprises Inc. *CCE*

191219104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Submit Severance Agreement (Change in Control) to shareholder Vote

Against

For

Shareholder

05/08/08 - A

Colgate-Palmolive Co. *CL*

194162103

1

Elect Director John T. Cahill

For

For

Management

2

Elect Director Jill K. Conway

For

For

Management

3

Elect Director Ian M. Cook

For

For

Management

4

Elect Director Ellen M. Hancock

For

For

Management

5

Elect Director David W. Johnson

For

For

Management

6

Elect Director Richard J. Kogan

For

For

Management

7

Elect Director Delano E. Lewis

For

For

Management

8

Elect Director Reuben Mark

For

For

Management

9

Elect Director J. Pedro Reinhard

For

For

Management

10

Elect Director Stephen I. Sadove

For

For

Management

11

Ratify Auditors

For

For

Management

12

Increase Authorized Common Stock

For

For

Management

 

Page 15

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/14/08 - A

Comcast Corp. *CMCSA*

20030N101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Restricted Stock Plan

For

For

Management

4

Amend Stock Option Plan

For

For

Management

5

Adopt Recapitalization Plan

Against

For

Shareholder

6

Increase Disclosure of Executive Compensation

Against

Against

Shareholder

7

Require More Director Nominations Than Open Seats

Against

Against

Shareholder

8

Report on Pay Disparity

Against

Against

Shareholder

9

Provide for Cumulative Voting for Class A Shareholders

Against

For

Shareholder

10

Adopt Principles for Health Care Reform

Against

Against

Shareholder

11

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/20/08 - A

Comerica Inc. *CMA*

200340107

1

Elect Director Joseph J. Buttigieg, III

For

For

Management

2

Elect Director Roger A. Cregg

For

For

Management

3

Elect Director T. Kevin Denicola

For

For

Management

4

Elect Director Alfred A. Piergallini

For

For

Management

5

Ratify Auditors

For

For

Management

05/14/08 - A

ConocoPhillips *COP*

20825C104

1

Elect Director Harold W. McGraw III

For

For

Management

2

Elect Director James J. Mulva

For

For

Management

3

Elect Director Bobby S. Shackouls

For

For

Management

4

Declassify the Board of Directors

For

For

Management

5

Ratify Auditors

For

For

Management

6

Require Director Nominee Qualifications

Against

Against

Shareholder

7

Report on Indigenous Peoples Rights Policies

Against

Against

Shareholder

8

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

9

Report on Political Contributions

Against

For

Shareholder

10

Adopt Greenhouse Gas Emissions Goals for Products and Operations

Against

For

Shareholder

11

Report on Community Environmental Impacts of Operations

Against

Against

Shareholder

12

Report on Environmental Damage from Drilling in the National Petroleum Reserve

Against

For

Shareholder

13

Report on Environmental Impact of Oil Sands Operations in Canada

Against

For

Shareholder

14

Report on Global Warming

Against

Against

Shareholder

04/29/08 - A

Consol Energy, Inc. *CNX*

20854P109

1

Elect Directors

For

Split

Management

 

Page 16

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

1.1

Elect Director John Whitmire — For

1.2

Elect Director J. Brett Harvey — For

1.3

Elect Director James E. Altmeyer, Sr. — Withhold

1.4

Elect Director William E. Davis — For

1.5

Elect Director Raj K. Gupta — For

1.6

Elect Director Patricia A. Hammick — For

1.7

Elect Director David C. Hardesty, Jr. — For

1.8

Elect Director John T. Mills — For

1.9

Elect Director William P. Powell — For

1.10

Elect Director Joseph T. Williams — For

2

Ratify Auditors

For

For

Management

3

Approve Executive Incentive Bonus Plan

For

For

Management

4

Report on GHG Emissions Reductions From Products and Operations

Against

For

Shareholder

04/29/08 - A

COOPER INDUSTRIES LTD *CBE*

G24182100

This is a duplicate meeting for ballots received via the Broadridge North American ballot distribution system

1

Elect Directors

For

For

Management

2

APPOINT ERNST & YOUNG LLP AS INDEPENDENT AUDITORSFOR THE YEAR ENDING 12/31/2008.

For

For

Management

3

APPROVE THE AMENDED AND RESTATED STOCK INCENTIVE PLAN.

For

For

Management

4

SHAREHOLDER PROPOSAL REQUESTING COOPER TO IMPLEMENT ACODE OF CONDUCT BASED ON INTERNATIONAL LABORORGANIZATION HUMAN RIGHTS STANDARDS.

Against

Against

Shareholder

04/24/08 - A

Corning Inc. *GLW*

219350105

1

Elect Directors

For

Split

Management

1.1

Elect Director John Seely Brown — Withhold

1.2

Elect Director Gordon Gund — Withhold

1.3

Elect Director Kurt M. Landgraf — For

1.4

Elect Director H. Onno Ruding — Withhold

2

Amend Omnibus Stock Plan

For

For

Management

3

Ratify Auditors

For

For

Management

05/15/08 - A

Coventry Health Care Inc. *CVH*

222862104

1

Elect Directors

For

For

Management

 

Page 17

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

2

Ratify Auditors

For

For

Management

06/25/08 - PC

CSX Corp. *CSX*

126408103

Management Proxy (White Card)

1.1

Elect Director D. M. Alvarado

For

Do Not Vote

Management

1.2

Elect Director E. E. Bailey

For

Do Not Vote

Management

1.3

Elect Director Sen. J. B. Breaux

For

Do Not Vote

Management

1.4

Elect Director S. T. Halverson

For

Do Not Vote

Management

1.5

Elect Director E. J. Kelly, III

For

Do Not Vote

Management

1.6

Elect Director R. D. Kunisch

For

Do Not Vote

Management

1.7

Elect Director J. D. McPherson

For

Do Not Vote

Management

1.8

Elect Director D. M. Ratcliffe

For

Do Not Vote

Management

1.9

Elect Director W. C. Richardson

For

Do Not Vote

Management

1.10

Elect Director F. S. Royal

For

Do Not Vote

Management

1.11

Elect Director D. J. Shepard

For

Do Not Vote

Management

1.12

Elect Director M. J. Ward

For

Do Not Vote

Management

2

Ratify Auditors

For

Do Not Vote

Management

3

Provide Right to Call Special Meeting

For

Do Not Vote

Management

4

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

Do Not Vote

Shareholder

5

Repeal Any Provision or Amendment to the Company’s By-laws Adopted without Shareholder Approval

Against

Do Not Vote

Shareholder

Dissident Proxy (Blue Card)

1.1

Elect Director Christopher Hohn

For

For

Shareholder

1.2

Elect Director Alexandre Behring

For

For

Shareholder

1.3

Elect Director Gilbert H. Lamphere

For

For

Shareholder

1.4

Elect Director Timothy T. OToole

For

For

Shareholder

1.5

Elect Director Gary L. Wilson

For

Withhold

Shareholder

1.6

Management Nominee - D.M. Alvarado

For

For

Shareholder

1.7

Management Nominee - Sen. JB Breaux

For

For

Shareholder

1.8

Management Nominee - E.J. Kelly, III

For

For

Shareholder

1.9

Management Nominee - J.D. McPherson

For

For

Shareholder

1.10

Management Nominee - D.M. Ratcliffe

For

For

Shareholder

1.11

Management Nominee - D.J. Shepard

For

For

Shareholder

1.12

Management Nominee - M.J. Ward

For

For

Shareholder

2

Amend Articles/Bylaws/Charter — Call Special Meetings

For

For

Shareholder

3

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

Against

Shareholder

4

Repeal Any Provision or Amendment to the Company’s By-laws Adopted without Shareholder Approval

For

For

Shareholder

5

Ratify Auditors

Abstain

For

Management

05/13/08 - A

Cummins, Inc. *CMI*

231021106

1

Elect Director Robert J. Darnall

For

For

Management

2

Elect Director Robert K. Herdman

For

For

Management

3

Elect Director Alexis M. Herman

For

For

Management

4

Elect Director F. Joseph Loughrey

For

For

Management

5

Elect Director William I. Miller

For

For

Management

 

Page 18

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

6

Elect Director Georgia R. Nelson

For

For

Management

7

Elect Director Theodore M. Solso

For

For

Management

8

Elect Director Carl Ware

For

For

Management

9

Elect Director J. Lawrence Wilson

For

For

Management

10

Ratify Auditors

For

For

Management

11

Increase Authorized Common Stock

For

For

Management

12

Adopt ILO Based Policies

Against

Against

Shareholder

05/07/08 - A

CVS Caremark Corp *CVS*

126650100

1

Elect Director Edwin M. Banks

For

For

Management

2

Elect Director C. David Brown II

For

For

Management

3

Elect Director David W. Dorman

For

For

Management

4

Elect Director Kristen E. Gibney Williams

For

For

Management

5

Elect Director Marian L. Heard

For

For

Management

6

Elect Director William H. Joyce

For

For

Management

7

Elect Director Jean-Pierre Million

For

For

Management

8

Elect Director Terrence Murray

For

For

Management

9

Elect Director C.A. Lance Piccolo

For

For

Management

10

Elect Director Sheli Z. Rosenberg

For

For

Management

11

Elect Director Thomas M. Ryan

For

For

Management

12

Elect Director Richard J. Swift

For

For

Management

13

Ratify Auditors

For

For

Management

14

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

15

Adopt Anti Gross-up Policy

Against

For

Shareholder

16

Report on Political Contributions

Against

For

Shareholder

05/22/08 - A

Dean Foods Company *DF*

242370104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

06/04/08 - A

Devon Energy Corp. *DVN*

25179M103

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Increase Authorized Common Stock

For

For

Management

4

Declassify the Board of Directors

For

For

Management

05/14/08 - A

Dynegy, Inc. *DYN*

26817G102

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/30/08 - A

E.I. Du Pont De Nemours & Co. *DD*

263534109

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Report on Plant Closures

Against

Against

Shareholder

4

Require Independent Board Chairman

Against

For

Shareholder

5

Report on Global Warming

Against

Against

Shareholder

 

Page 19

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

6

Amend Human Rights Policies

Against

Against

Shareholder

7

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

06/13/08 - A

E.W. Scripps Co. (The) *SSP*

811054204

1

Elect Directors

For

Split

Management

1.1

Elect Director William R. Burleigh — Withhold

1.2

Elect Director David A. Galloway — For

1.3

Elect Director David M. Moffett — For

1.4

Elect Director Jarl Mohn — For

05/14/08 - A

Eastman Kodak Co. *EK*

277461109

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

04/23/08 - A

Eaton Corporation *ETN*

278058102

1

Elect Directors

For

For

Management

2

Increase Authorized Common Stock

For

For

Management

3

Adopt Majority Voting for Uncontested Election of Directors

For

For

Management

4

Amend Articles to Authorize the Board of Directors to Make Future Amendments to the Amended Regulations

For

For

Management

5

Approve Omnibus Stock Plan

For

For

Management

6

Approve Executive Incentive Bonus Plan

For

For

Management

7

Approve Executive Incentive Bonus Plan

For

For

Management

8

Ratify Auditors

For

For

Management

04/24/08 - A

Edison International *EIX*

281020107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

04/21/08 - A

Eli Lilly and Co. *LLY*

532457108

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Declassify the Board of Directors

For

For

Management

4

Require a Majority Vote for the Election of Directors

For

For

Management

5

Amend Omnibus Stock Plan

For

For

Management

6

Report on Animal Testing Policies

Against

Against

Shareholder

7

Amend Vote Requirements to Amend Articles/Bylaws/Charter

Against

For

Shareholder

8

Reduce Supermajority Vote Requirement

Against

For

Shareholder

 

Page 20

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

9

Political Contributions

Against

Against

Shareholder

05/01/08 - A

Embarq Corp *EQ*

29078E105

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Omnibus Stock Plan

For

For

Management

4

Approve Qualified Employee Stock Purchase Plan

For

For

Management

5

Approve Executive Incentive Bonus Plan

For

For

Management

6

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/21/08 - A

EMC Corp. *EMC*

268648102

1

Elect Directors

For

Split

Management

1.1

Elect Director Michael W. Brown — For

1.2

Elect Director Michael J. Cronin — For

1.3

Elect Director Gail Deegan — For

1.4

Elect Director John R. Egan — For

1.5

Elect Director W. Paul Fitzgerald — For

1.6

Elect Director Olli-Pekka Kallasvuo — Withhold

1.7

Elect Director Edmund F. Kelly — For

1.8

Elect Director Windle B. Priem — For

1.9

Elect Director Paul Sagan — For

1.10

Elect Director David N. Strohm — For

1.11

Elect Director Joseph M. Tucci — For

2

Ratify Auditors

For

For

Management

3

Adopt Majority Voting for Uncontested Election of Directors

For

For

Management

4

Reduce Supermajority Vote Requirement

For

For

Management

05/02/08 - A

Entergy Corp. *ETR*

29364G103

1

Elect Director Maureen Scannell Bateman

For

For

Management

2

Elect Director W. Frank Blount

For

For

Management

3

Elect Director Simon D. DeBree

For

For

Management

4

Elect Director Gary W. Edwards

For

For

Management

5

Elect Director Alexis M. Herman

For

For

Management

6

Elect Director Donald C. Hintz

For

For

Management

7

Elect Director J. Wayne Leonard

For

For

Management

8

Elect Director Stuart L. Levenick

For

For

Management

9

Elect Director James R. Nichols

For

For

Management

10

Elect Director William A. Percy, II

For

For

Management

11

Elect Director W.J. Tauzin

For

For

Management

12

Elect Director Steven V. Wilkinson

For

For

Management

13

Ratify Auditors

For

For

Management

14

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

15

Limit Executive Compensation

Against

Against

Shareholder

16

Report on Political Contributions

Against

For

Shareholder

 

Page 21

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

17

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

04/29/08 - A

Exelon Corp. *EXC*

30161N101

1

Elect Director Bruce DeMars

For

For

Management

2

Elect Director Nelson A. Diaz

For

For

Management

3

Elect Director Paul L. Joskow

For

For

Management

4

Elect Director John W. Rowe

For

For

Management

5

Ratify Auditors

For

For

Management

6

Report on Global Warming

Against

Against

Shareholder

06/11/08 - A

Expedia Inc *EXPE*

30212P105

1

Elect Directors

For

Split

Management

1.1

Elect Director A.G. (Skip) Battle — For

1.2

Elect Director Simon J. Breakwell — Withhold

1.3

Elect Director Barry Diller — Withhold

1.4

Elect Director Jonathan L. Dolgen — For

1.5

Elect Director William R. Fitzgerald — Withhold

1.6

Elect Director Craig A. Jacobson — For

1.7

Elect Director Victor A. Kaufman — Withhold

1.8

Elect Director Peter M. Kern — For

1.9

Elect Director Dara Khosrowshahi — Withhold

1.10

Elect Director John C. Malone — Withhold

2

Amend Omnibus Stock Plan

For

For

Management

3

Ratify Auditors

For

For

Management

05/07/08 - A

Expeditors International of Washington, Inc. *EXPD*

302130109

1

Elect Directors

For

For

Management

2

Approve Stock Option Plan

For

For

Management

3

Amend Non-Employee Director Restricted Stock Plan

For

For

Management

4

Approve Executive Incentive Bonus Plan

For

For

Management

5

Ratify Auditors

For

For

Management

6

Amend EEO Policy to Reference Discrimination based on Sexual Orientation

Against

For

Shareholder

05/28/08 - A

Express Scripts, Inc. *ESRX*

302182100

1

Elect Directors

For

For

Management

2

Increase Authorized Common Stock

For

For

Management

3

Amend Qualified Employee Stock Purchase Plan

For

For

Management

4

Ratify Auditors

For

For

Management

 

Page 22

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

5

Other Business

For

Against

Management

05/28/08 - A

Exxon Mobil Corp. *XOM*

30231G102

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Bylaws to Prohibit Precatory Proposals

Against

Against

Shareholder

4

Require Director Nominee Qualifications

Against

Against

Shareholder

5

Require Independent Board Chairman

Against

For

Shareholder

6

Approve Distribution Policy

Against

Against

Shareholder

7

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

8

Compare CEO Compensation to Company’s Lowest Paid U.S. Workers

Against

Against

Shareholder

9

Claw-back of Payments under Restatements

Against

Against

Shareholder

10

Review Anti-discrimination Policy on Corporate Sponsorships and Executive Perks

Against

Against

Shareholder

11

Report on Political Contributions

Against

For

Shareholder

12

Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity

Against

For

Shareholder

13

Report on Community Environmental Impacts of Operations

Against

Against

Shareholder

14

Report on Potential Environmental Damage from Drilling in the Arctic National Wildlife Refuge

Against

Against

Shareholder

15

Adopt Greenhouse Gas Emissions Goals for Products and Operations

Against

For

Shareholder

16

Report on Carbon Dioxide Emissions Information at Gas Stations

Against

Against

Shareholder

17

Report on Climate Change Impacts on Emerging Countries

Against

Against

Shareholder

18

Report on Energy Technologies Development

Against

Against

Shareholder

19

Adopt Policy to Increase Renewable Energy

Against

For

Shareholder

06/18/08 - A

Fairpoint Communications, Inc *FRP*

305560104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Omnibus Stock Plan

For

For

Management

4

Approve Executive Incentive Bonus Plan

For

For

Management

05/20/08 - A

Fannie Mae *FNM*

313586109

1

Elect Directors Stephen B. Ashley

For

For

Management

2

Elect Directors Dennis R. Beresford

For

For

Management

3

Elect Directors Louis J. Freeh

For

For

Management

4

Elect Directors Brenda J. Gaines

For

For

Management

 

Page 23

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

5

Elect Directors Karen N. Horn

For

For

Management

6

Elect Directors Bridget A. Macaskill

For

For

Management

7

Elect Directors Daniel H. Mudd

For

For

Management

8

Elect Directors Leslie Rahl

For

For

Management

9

Elect Directors John C. Sites, Jr.

For

For

Management

10

Elect Directors Greg C. Smith

For

For

Management

11

Elect Directors H. Patrick Swygert

For

For

Management

12

Elect Directors John K. Wulff

For

For

Management

13

Ratify Auditors

For

For

Management

14

Provide for Cumulative Voting

Against

For

Shareholder

05/29/08 - A

Fidelity National Information Services Inc *FIS*

31620M106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Omnibus Stock Plan

For

For

Management

04/15/08 - A

Fifth Third Bancorp *FITB*

316773100

1

Elect Directors

For

For

Management

2

Increase Authorized Common Stock

For

For

Management

3

Approve Omnibus Stock Plan

For

For

Management

4

Change Date of Annual Meeting

For

For

Management

5

Ratify Auditors

For

For

Management

6

Hire Advisor/Maximize Shareholder Value

Against

Against

Shareholder

05/20/08 - A

FirstEnergy Corp *FE*

337932107

1

Elect Directors

For

Withhold

Management

2

Ratify Auditors

For

For

Management

3

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

4

Adopt a Policy Establishing an Engagement Process to Shareholder Proposals

Against

For

Shareholder

5

Reduce Supermajority Vote Requirement

Against

For

Shareholder

6

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

05/07/08 - A

Fluor Corp. *FLR*

343412102

1

Elect Director Ilesanmi Adesida

For

For

Management

2

Elect Director Peter J. Fluor

For

For

Management

3

Elect Director Joseph W. Prueher

For

For

Management

4

Elect Director Suzanne H. Woolsey

For

For

Management

5

Ratify Auditors

For

For

Management

6

Increase Authorized Common Stock

For

For

Management

7

Approve Omnibus Stock Plan

For

For

Management

04/29/08 - A

Fortune Brands, Inc. *FO*

349631101

1

Elect Directors

For

Withhold

Management

 

Page 24

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

2

Ratify Auditors

For

For

Management

3

Declassify the Board of Directors

Against

For

Shareholder

05/23/08 - A

FPL Group, Inc. *FPL*

302571104

1

Elect Directors

For

Split

Management

1.1

Elect Director Sherry S. Barrat — For

1.2

Elect Director Robert M. Beall, II — For

1.3

Elect Director J. Hyatt Brown — Withhold

1.4

Elect Director James L. Camaren — For

1.5

Elect Director J. Brian Ferguson — For

1.6

Elect Director Lewis Hay, III — For

1.7

Elect Director Toni Jennings — For

1.8

Elect Director Oliver D. Kingsley, Jr. — For

1.9

Elect Director Rudy E. Schupp — For

1.10

Elect Director Michael H. Thaman — For

1.11

Elect Director Hansel E. Tookes, II — For

1.12

Elect Director Paul R. Tregurtha — For

2

Ratify Auditors

For

For

Management

3

Approve Executive Incentive Bonus Plan

For

For

Management

4

Report on Global Warming

Against

Against

Shareholder

06/06/08 - A

Freddie Mac *FRE*

313400301

1

Elect Directors

For

Split

Management

1.1

Elect Director Barbara T. Alexander — Withhold

1.2

Elect Director Geoffrey T. Boisi — Withhold

1.3

Elect Director Michelle Engler — Withhold

1.4

Elect Director Richard R. Glauber — For

1.5

Elect Director Richard Karl Goeltz — For

1.6

Elect Director Thomas S. Johnson — Withhold

1.7

Elect Director Jerome P. Kenney — For

1.8

Elect Director William M. Lewis, Jr. — For

1.9

Elect Director Nicolas P. Retsinas — For

1.10

Elect Director Stephen A. Ross — For

1.11

Elect Director Richard F. Syron — For

2

Ratify Auditors

For

For

Management

3

Amend Omnibus Stock Plan

For

For

Management

06/05/08 - A

Freeport-McMoRan Copper & Gold Inc. *FCX*

35671D857

1

Elect Directors

For

Split

Management

1.1

Elect Director Richard C. Adkerson — For

1.2

Elect Director Robert J. Allison, Jr. — Withhold

 

Page 25

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

1.3

Elect Director Robert A. Day — For

1.4

Elect Director Gerald J. Ford — For

1.5

Elect Director H. Devon Graham, Jr. — Withhold

1.6

Elect Director J. Bennett Johnston — For

1.7

Elect Director Charles C. Krulak — For

1.8

Elect Director Bobby Lee Lackey — Withhold

1.9

Elect Director Jon C. Madonna — For

1.10

Elect Director Dustan E. McCoy — For

1.11

Elect Director Gabrielle K. McDonald — For

1.12

Elect Director James R. Moffett — For

1.13

Elect Director B.M. Rankin, Jr. — For

1.14

Elect Director J. Stapleton Roy — For

1.15

Elect Director Stephen H. Siegele — For

1.16

Elect Director J. Taylor Wharton — For

2

Ratify Auditors

For

For

Management

3

Increase Authorized Common Stock

For

For

Management

06/24/08 - A

GameStop Corp. *GME*

36467W109

1

Elect Directors

For

For

Management

2

Amend Executive Incentive Bonus Plan

For

For

Management

3

Ratify Auditors

For

For

Management

05/07/08 - A

General Dynamics Corp. *GD*

369550108

1

Elect Director Nicholas D. Chabraja

For

For

Management

2

Elect Director James S. Crown

For

For

Management

3

Elect Director William P. Fricks

For

For

Management

4

Elect Director Charles H. Goodman

For

For

Management

5

Elect Director Jay L. Johnson

For

For

Management

6

Elect Director George A. Joulwan

For

For

Management

7

Elect Director Paul G. Kaminski

For

For

Management

8

Elect Director John M. Keane

For

For

Management

9

Elect Director Deborah J. Lucas

For

For

Management

10

Elect Director Lester L. Lyles

For

For

Management

11

Elect Director Carl E. Mundy, Jr.

For

For

Management

12

Elect Director J. Christopher Reyes

For

For

Management

13

Elect Director Robert Walmsley

For

For

Management

14

Ratify Auditors

For

For

Management

15

Adopt Ethical Criteria for Military Contracts

Against

Against

Shareholder

16

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

04/23/08 - A

General Electric Co. *GE*

369604103

1

Elect Director James I. Cash, Jr.

For

For

Management

 

Page 26

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

2

Elect Director William M. Castell

For

For

Management

3

Elect Director Ann M. Fudge

For

For

Management

4

Elect Director Claudio X. Gonzalez

For

Against

Management

5

Elect Director Susan Hockfield

For

For

Management

6

Elect Director Jeffrey R. Immelt

For

For

Management

7

Elect Director Andrea Jung

For

For

Management

8

Elect Director Alan G. Lafley

For

For

Management

9

Elect Director Robert W. Lane

For

For

Management

10

Elect Director Ralph S. Larsen

For

For

Management

11

Elect Director Rochelle B. Lazarus

For

For

Management

12

Elect Director James J. Mulva

For

For

Management

13

Elect Director Sam Nunn

For

For

Management

14

Elect Director Roger S. Penske

For

For

Management

15

Elect Director Robert J. Swieringa

For

For

Management

16

Elect Director Douglas A. Warner III

For

For

Management

17

Ratify Auditors

For

For

Management

18

Provide for Cumulative Voting

Against

For

Shareholder

19

Require Independent Board Chairman

Against

For

Shareholder

20

Claw-back of Payments under Restatements

Against

Against

Shareholder

21

Adopt Policy on Overboarded Directors

Against

For

Shareholder

22

Report on Charitable Contributions

Against

Against

Shareholder

23

Report on Global Warming

Against

Against

Shareholder

24

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

06/03/08 - A

General Motors Corp. *GM*

370442105

1

Elect Directors

For

Split

Management

1.1

Elect Director Percy N. Barnevik — For

1.2

Elect Director Erskine B. Bowles — For

1.3

Elect Director John H. Bryan — Withhold

1.4

Elect Director Armando M. Codina — Withhold

1.5

Elect Director Erroll B. Davis, Jr. — For

1.6

Elect Director George M.C. Fisher — Withhold

1.7

Elect Director E. Neville Isdell — For

1.8

Elect Director Karen Katen — Withhold

1.9

Elect Director Kent Kresa — For

1.10

Elect Director Ellen J. Kullman — For

1.11

Elect Director Philip A. Laskawy — For

1.12

Elect Director Kathryn V. Marinello — For

1.13

Elect Director Eckhard Pfeiffer — For

1.14

Elect Director G. Richard Wagoner, Jr. — For

2

Ratify Auditors

For

For

Management

3

Publish Political Contributions

Against

Against

Shareholder

4

Report on Political Contributions

Against

For

Shareholder

5

Adopt Principles for Health Care Reform

Against

Against

Shareholder

6

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

 

Page 27

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

7

Adopt Quantitative GHG Goals for Products and Operations

Against

For

Shareholder

8

Provide for Cumulative Voting

Against

For

Shareholder

9

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

10

Performance-Based Awards

Against

For

Shareholder

05/22/08 - A

Genzyme Corp. *GENZ*

372917104

1

Elect Director Douglas A. Berthiaume

For

For

Management

2

Elect Director Gail K. Boudreaux

For

For

Management

3

Elect Director Robert J. Carpenter

For

For

Management

4

Elect Director Charles L. Cooney, Ph.D.

For

For

Management

5

Elect Director Richard F. Syron

For

Against

Management

6

Amend Omnibus Stock Plan

For

For

Management

7

Amend Non-Employee Director Omnibus Stock Plan

For

For

Management

8

Ratify Auditors

For

For

Management

05/08/08 - A

Gilead Sciences, Inc. *GILD*

375558103

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Omnibus Stock Plan

For

For

Management

4

Increase Authorized Common Stock

For

For

Management

04/22/08 - A

Goodrich Corporation *GR*

382388106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Omnibus Stock Plan

For

For

Management

4

Approve Qualified Employee Stock Purchase Plan

For

For

Management

05/08/08 - A

Google Inc *GOOG*

38259P508

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Omnibus Stock Plan

For

Against

Management

4

Adopt Internet Censorship Policies

Against

For

Shareholder

5

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

Shareholder

05/22/08 - A

Hasbro, Inc. *HAS*

418056107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/07/08 - A

Hess Corporation *HES*

42809H107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Declassify the Board of Directors

For

For

Management

 

Page 28

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

4

Approve Omnibus Stock Plan

For

For

Management

04/28/08 - A

Honeywell International, Inc. *HON*

438516106

1

Elect Director Gordon M. Bethune

For

For

Management

2

Elect Director Jaime Chico Pardo

For

For

Management

3

Elect Director David M. Cote

For

For

Management

4

Elect Director D. Scott Davis

For

For

Management

5

Elect Director Linnet F. Deily

For

For

Management

6

Elect Director Clive R. Hollick

For

For

Management

7

Elect Director Bradley T. Sheares

For

For

Management

8

Elect Director Eric K. Shinseki

For

For

Management

9

Elect Director John R. Stafford

For

For

Management

10

Elect Director Michael W. Wright

For

For

Management

11

Ratify Auditors

For

For

Management

12

Provide the Right to Call Special Meeting

For

For

Management

13

Pay For Superior Performance

Against

For

Shareholder

05/13/08 - A

Hospira, Inc. *HSP*

441060100

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/22/08 - A

Hudson City Bancorp, Inc. *HCBK*

443683107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/02/08 - A

Illinois Tool Works Inc. *ITW*

452308109

1

Elect Director William F. Aldinger

For

For

Management

2

Elect Director Marvin D. Brailsford

For

For

Management

3

Elect Director Susan Crown

For

For

Management

4

Elect Director Don H. Davis, Jr.

For

For

Management

5

Elect Director Robert C. McCormack

For

For

Management

6

Elect Director Robert S. Morrison

For

For

Management

7

Elect Director James A. Skinner

For

For

Management

8

Elect Director Harold B. Smith

For

For

Management

9

Elect Director David B. Speer

For

For

Management

10

Elect Director Pamela B. Strobel

For

For

Management

11

Approve Executive Incentive Bonus Plan

For

For

Management

12

Ratify Auditors

For

For

Management

05/02/08 - A

IMS Health Inc. *RX*

449934108

1

Elect Director David R. Carlucci

For

For

Management

2

Elect Director Constantine L. Clemente

For

For

Management

3

Elect Director Kathryn E. Giusti

For

For

Management

4

Elect Director M. Bernard Puckett

For

For

Management

5

Ratify Auditors

For

For

Management

6

Declassify the Board of Directors

For

For

Management

 

Page 29

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

7

Approve Executive Incentive Bonus Plan

For

For

Management

06/04/08 - A

Ingersoll-Rand Company Limited *IR*

G4776G101

This is a duplicate meeting for ballots received via the Broadridge North American Ballot distribution system.

1

Elect Directors

For

For

Management

2

APPROVAL OF THE AMENDED AND RESTATED BYE-LAWS OF THE COMPANY.

For

For

Management

3

Ratify Auditors

For

For

Management

4

SHAREHOLDER PROPOSAL TO REQUIRE A SHAREHOLDER VOTE ON AN ADVISORY RESOLUTION WITH RESPECT TO EXECUTIVE COMPENSATION.

Against

For

Shareholder

05/21/08 - A

Intel Corp. *INTC*

458140100

1

Elect Director Craig R. Barrett

For

For

Management

2

Elect Director Charlene Barshefsky

For

For

Management

3

Elect Director Carol A. Bartz

For

For

Management

4

Elect Director Susan L. Decker

For

For

Management

5

Elect Director Reed E. Hundt

For

For

Management

6

Elect Director Paul S. Otellini

For

For

Management

7

Elect Director James D. Plummer

For

For

Management

8

Elect Director David S. Pottruck

For

For

Management

9

Elect Director Jane E. Shaw

For

For

Management

10

Elect Director John L. Thornton

For

For

Management

11

Elect Director David B. Yoffie

For

For

Management

12

Ratify Auditors

For

For

Management

13

Amend Bylaws to Establish a Board Committee on Sustainability

Against

Against

Shareholder

05/15/08 - A

IntercontinentalExchange, Inc. *ICE*

45865V100

1

Elect Directors

For

Split

Management

1.1

Elect Director Charles R. Crisp — For

1.2

Elect Director Jean-Marc Forneri — Withhold

1.3

Elect Director Fred W. Hatfield — For

1.4

Elect Director Terrence F. Martell — For

1.5

Elect Director Sir Robert Reid — For

1.6

Elect Director Frederic V. Salerno — For

1.7

Elect Director Frederick W. Schoenhut — For

1.8

Elect Director Jeffrey C. Sprecher — For

1.9

Elect Director Judith A. Sprieser — For

1.10

Elect Director Vincent Tese — For

 

Page 30

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

2

Ratify Auditors

For

For

Management

04/29/08 - A

International Business Machines Corp. *IBM*

459200101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Restore or Provide for Cumulative Voting

Against

For

Shareholder

4

Review Executive Compensation

Against

For

Shareholder

5

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

Shareholder

6

Amend Bylaw — Call Special Meetings

Against

For

Shareholder

7

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/06/08 - A

International Flavors & Fragrances Inc. *IFF*

459506101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/12/08 - A

International Paper Co. *IP*

460146103

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Adopt Majority Voting for Uncontested Election of Directors

For

For

Management

4

Declassify the Board of Directors

For

For

Management

5

Eliminate Supermajority Vote Requirement

For

For

Management

6

Eliminate Supermajority Vote Requirement Relating to Business Combinations

For

For

Management

7

Reduce Supermajority Vote Requirement

Against

Against

Shareholder

8

Report on Sustainable Forestry

Against

Against

Shareholder

05/13/08 - A

ITT Corp. *ITT*

450911102

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Articles of Incorporation to Authorize Additional Shares and Provide for Majority Voting in Uncontested Elections

For

For

Management

4

Amend Omnibus Stock Plan

For

For

Management

5

Amend Omnibus Stock Plan

For

For

Management

6

Amend Executive Incentive Bonus Plan

For

For

Management

7

Amend Executive Incentive Bonus Plan

For

For

Management

8

Report Foreign Military Sales

Against

Against

Shareholder

04/24/08 - A

Johnson & Johnson *JNJ*

478160104

1

Elect Directors

For

Split

Management

 

Page 31

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

1.1

Elect Director Mary Sue Coleman — For

1.2

Elect Director James G. Cullen — For

1.3

Elect Director Michael M.E. Johns — Withhold

1.4

Elect Director Arnold G. Langbo — Withhold

1.5

Elect Director Susan L. Lindquist — For

1.6

Elect Director Leo F. Mullin — For

1.7

Elect Director Wiliam D. Perez — Withhold

1.8

Elect Director Christine A. Poon — For

1.9

Elect Director Charles Prince — Withhold

1.10

Elect Director Steven S. Reinemund — For

1.11

Elect Director David Satcher — For

1.12

Elect Director William C. Weldon — For

2

Ratify Auditors

For

For

Management

3

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/20/08 - A

JPMorgan Chase & Co. *JPM*

46625H100

1

Elect Director Crandall C. Bowles

For

For

Management

2

Elect Director Stephen B. Burke

For

For

Management

3

Elect Director David M. Cote

For

For

Management

4

Elect Director James S. Crown

For

For

Management

5

Elect Director James Dimon

For

For

Management

6

Elect Director Ellen V. Futter

For

For

Management

7

Elect Director William H. Gray, III

For

For

Management

8

Elect Director Laban P. Jackson, Jr.

For

For

Management

9

Elect Director Robert I. Lipp

For

For

Management

10

Elect Director David C. Novak

For

For

Management

11

Elect Director Lee R. Raymond

For

For

Management

12

Elect Director William C. Weldon

For

For

Management

13

Ratify Auditors

For

For

Management

14

Amend Omnibus Stock Plan

For

Against

Management

15

Amend Executive Incentive Bonus Plan

For

For

Management

16

Report on Government Service of Employees

Against

Against

Shareholder

17

Report on Political Contributions

Against

For

Shareholder

18

Require Independent Board Chairman

Against

Against

Shareholder

19

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

20

Require More Director Nominations Than Open Seats

Against

Against

Shareholder

21

Report on Human Rights Investment Policies

Against

Against

Shareholder

22

Report on Lobbying Activities

Against

Against

Shareholder

 

Page 32

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/21/08 - A

Juniper Networks, Inc. *JNPR*

48203R104

1

Elect Directors

For

For

Management

2

Approve Qualified Employee Stock Purchase Plan

For

For

Management

3

Ratify Auditors

For

For

Management

04/25/08 - A

Kellogg Co. *K*

487836108

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

04/17/08 - A

Kimberly-Clark Corp. *KMB*

494368103

1

Elect Director John R. Alm

For

For

Management

2

Elect Director John F. Bergstrom

For

For

Management

3

Elect Director Robert W. Decherd

For

For

Management

4

Elect Director Ian C. Read

For

For

Management

5

Elect Director G. Craig Sullivan

For

For

Management

6

Ratify Auditors

For

For

Management

7

Eliminate Supermajority Vote Requirement

For

For

Management

8

Require Director Nominee Qualifications

Against

Against

Shareholder

9

Adopt ILO Based Code of Conduct

Against

Against

Shareholder

10

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

11

Provide for Cumulative Voting

Against

For

Shareholder

12

Amend Bylaws to Establish a Board Committee on Sustainability

Against

Against

Shareholder

05/29/08 - A

King Pharmaceuticals Inc. *KG*

495582108

1

Elect Directors

For

Split

Management

1.1

Elect Director R. Charles Moyer — For

1.2

Elect Director D. Gregory Rooker — For

1.3

Elect Director Ted G. Wood — Withhold

2

Ratify Auditors

For

For

Management

04/30/08 - A

Kohl’s Corp. *KSS*

500255104

1

Elect Director Steven A. Burd

For

For

Management

2

Elect Director Wayne Embry

For

For

Management

3

Elect Director John F. Herma

For

For

Management

4

Elect Director William S. Kellogg

For

For

Management

5

Elect Director Kevin Mansell

For

For

Management

6

Elect Director R. Lawrence Montgomery

For

For

Management

7

Elect Director Frank V. Sica

For

For

Management

8

Elect Director Peter M. Sommerhauser

For

For

Management

9

Elect Director Stephanie A. Streeter

For

For

Management

10

Elect Director Stephen E. Watson

For

For

Management

 

Page 33

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

11

Ratify Auditors

For

For

Management

12

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

13

Pay For Superior Performance

Against

For

Shareholder

05/13/08 - A

Kraft Foods Inc *KFT*

50075N104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/29/08 - A

L-3 Communications Holdings, Inc. *LLL*

502424104

1

Elect Directors

For

For

Management

2

Approve Omnibus Stock Plan

For

For

Management

3

Approve Non-Employee Director Omnibus Stock Plan

For

For

Management

4

Ratify Auditors

For

For

Management

05/13/08 - A

Leucadia National Corp. *LUK*

527288104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/08/08 - A

Lincoln National Corp. *LNC*

534187109

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/24/08 - A

Lockheed Martin Corp. *LMT*

539830109

1

Elect Directors

For

Split

Management

1.1

Elect Director E. C. “Pete” Aldrige, Jr. — For

1.2

Elect Director Nolan D. Archibald — Withhold

1.3

Elect Director David B. Burritt — For

1.4

Elect Director James O. Ellis, Jr. — For

1.5

Elect Director Gwendolyn S. King — For

1.6

Elect Director James M. Loy — For

1.7

Elect Director Douglas H. McCorkindale — For

1.8

Elect Director Joseph W. Ralston — For

1.9

Elect Director Frank Savage — For

1.10

Elect Director James Schneider — For

1.11

Elect Director Anne Stevens — For

1.12

Elect Director Robert J. Stevens — For

1.13

Elect Director James R. Ukropina — For

2

Ratify Auditors

For

For

Management

 

Page 34

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

3

Provide for Simple Majority Voting

For

For

Management

4

Amend Articles/Bylaws/Charter-Non-Routine

For

For

Management

5

Amend Omnibus Stock Plan

For

Against

Management

6

Approve Non-Employee Director Stock Option Plan

For

For

Management

7

Increase Disclosure of Executive Compensation

Against

Against

Shareholder

8

Report on Nuclear Weapons

Against

Against

Shareholder

9

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/13/08 - A

Loews Corp. *L*

540424108

1

Elect Director Ann E. Berman

For

For

Management

2

Elect Director Joseph L. Bower

For

For

Management

3

Elect Director Charles M. Diker

For

For

Management

4

Elect Director Paul J. Fribourg

For

For

Management

5

Elect Director Walter L. Harris

For

For

Management

6

Elect Director Philip A. Laskawy

For

For

Management

7

Elect Director Gloria R. Scott

For

For

Management

8

Elect Director Andrew H. Tisch

For

For

Management

9

Elect Director James S. Tisch

For

For

Management

10

Elect Director Jonathan M. Tisch

For

For

Management

11

Ratify Auditors

For

For

Management

12

Provide for Cumulative Voting

Against

For

Shareholder

13

Pay For Superior Performance

Against

For

Shareholder

14

Adopt Principles for Health Care Reform

Against

Against

Shareholder

15

Amend Tobacco Marketing Strategies

Against

Against

Shareholder

04/15/08 - A

M & T Bank Corp. *MTB*

55261F104

1

Elect Directors

For

Split

Management

1.1

Elect Director Brent D. Baird — For

1.2

Elect Director Robert J. Bennett — For

1.3

Elect Director C. Angela Bontempo — For

1.4

Elect Director Robert T. Brady — Withhold

1.5

Elect Director Michael D. Buckley — For

1.6

Elect Director T.J. Cunningham III — For

1.7

Elect Director Mark J. Czarnecki — For

1.8

Elect Director Colm E. Doherty — For

1.9

Elect Director Richard E. Garman — For

1.10

Elect Director Daniel R. Hawbaker — For

1.11

Elect Director Patrick W.E. Hodgson — For

1.12

Elect Director Richard G. King — For

1.13

Elect Director Reginald B. Newman, II — For

1.14

Elect Director Jorge G. Pereira — For

1.15

Elect Director Michael P. Pinto — For

 

Page 35

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

1.16

Elect Director Robert E. Sadler, Jr. — For

1.17

Elect Director Eugene J. Sheehy — For

1.18

Elect Director Stephen G. Sheetz — For

1.19

Elect Director Herbert L. Washington — For

1.20

Elect Director Robert G. Wilmers — For

2

Ratify Auditors

For

For

Management

04/30/08 - A

Marathon Oil Corp *MRO*

565849106

1

Elect Director Charles F. Bolden, Jr.

For

For

Management

2

Elect Director Gregory H. Boyce

For

For

Management

3

Elect Director Shirley Ann Jackson

For

For

Management

4

Elect Director Philip Lader

For

For

Management

5

Elect Director Charles R. Lee

For

For

Management

6

Elect Director Dennis H. Reilley

For

For

Management

7

Elect Director Seth E. Schofield

For

For

Management

8

Elect Director John W. Snow

For

For

Management

9

Elect Director Thomas J. Usher

For

For

Management

10

Ratify Auditors

For

For

Management

11

Amend Bylaws — Call Special Meetings

Against

For

Shareholder

12

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

04/22/08 - A

Marshall & Ilsley Corp. *MI*

571837103

1

Elect Directors

For

Split

Management

1.1

Elect Director Andrew N. Baur — For

1.2

Elect Director Jon F. Chait — For

1.3

Elect Director John W. Daniels, Jr. — Withhold

1.4

Elect Director Dennis J. Kuester — For

1.5

Elect Director David J. Lubar — For

1.6

Elect Director John A. Mellowes — For

1.7

Elect Director Robert J. O’Toole — For

1.8

Elect Director San W. Orr, Jr — For

1.9

Elect Director John S. Shiely — For

1.10

Elect Director Debra S. Waller — For

1.11

Elect Director George E. Wardeberg — For

2

Amend Executive Incentive Bonus Plan

For

For

Management

3

Ratify Auditors

For

For

Management

4

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

05/29/08 - A

Mattel, Inc. *MAT*

577081102

1

Elect Director Michael J. Dolan

For

For

Management

2

Elect Director Robert A. Eckert

For

For

Management

3

Elect Director Frances D. Fergusson

For

For

Management

4

Elect Director Tully M. Friedman

For

For

Management

 

Page 36

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

5

Elect Director Dominic Ng

For

For

Management

6

Elect Director Vasant M. Prabhu

For

For

Management

7

Elect Director Andrea L. Rich

For

For

Management

8

Elect Director Ronald L. Sargent

For

For

Management

9

Elect Director Dean A. Scarborough

For

For

Management

10

Elect Director Christopher A. Sinclair

For

For

Management

11

Elect Director G. Craig Sullivan

For

For

Management

12

Elect Director Kathy Brittain White

For

For

Management

13

Ratify Auditors

For

For

Management

14

Report on Product Safety and Working Conditions

Against

Against

Shareholder

05/01/08 - A

MBIA Inc. *MBI*

55262C100

1

Elect Director Joseph W. Brown

For

For

Management

2

Elect Director David A. Coulter

For

For

Management

3

Elect Director Claire L. Gaudiani

For

For

Management

4

Elect Director Daniel P. Kearney

For

For

Management

5

Elect Director Kewsong Lee

For

For

Management

6

Elect Director Laurence H. Meyer

For

For

Management

7

Elect Director David M. Moffett

For

For

Management

8

Elect Director John A. Rolls

For

For

Management

9

Elect Director Richard C. Vaughan

For

For

Management

10

Elect Director Jeffery W. Yabuki

For

For

Management

11

Approve Conversion of Securities

For

For

Management

12

Approve Restricted Stock Awards to Joseph W. Brown

For

For

Management

13

Ratify Auditors

For

For

Management

05/22/08 - A

McDonald’s Corp. *MCD*

580135101

1

Elect Director Ralph Alvarez

For

For

Management

2

Elect Director Susan E. Arnold

For

For

Management

3

Elect Director Richard H. Lenny

For

For

Management

4

Elect Director Cary D. McMillan

For

For

Management

5

Elect Director Sheila A. Penrose

For

For

Management

6

Elect Director James A. Skinner

For

For

Management

7

Ratify Auditors

For

For

Management

04/28/08 - A

MeadWestvaco Corp. *MWV*

583334107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Adopt Majority Voting for Uncontested Election of Directors

For

For

Management

05/22/08 - A

Medco Health Solutions, Inc. *MHS*

58405U102

1

Elect Director John L. Cassis

For

For

Management

2

Elect Director Michael Goldstein

For

For

Management

3

Elect Director Blenda J. Wilson

For

For

Management

4

Ratify Auditors

For

For

Management

5

Increase Authorized Common Stock

For

For

Management

 

Page 37

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

6

Limit Executive Compensation

Against

Against

Shareholder

04/23/08 - A

MEMC Electronic Materials, Inc. *WFR*

552715104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/22/08 - A

Merck & Co., Inc. *MRK*

589331107

1

Elect Director Richard T. Clark

For

For

Management

2

Elect Director Johnnetta B. Cole, Ph.D.

For

For

Management

3

Elect Director Thomas H. Glocer

For

For

Management

4

Elect Director Steven F. Goldstone

For

For

Management

5

Elect Director William B. Harrison, Jr.

For

For

Management

6

Elect Director Harry R. Jacobson, M.D.

For

For

Management

7

Elect Director William N. Kelley, M.D.

For

For

Management

8

Elect Director Rochelle B. Lazarus

For

For

Management

9

Elect Director Thomas E. Shenk, Ph.D.

For

For

Management

10

Elect Director Anne M. Tatlock

For

For

Management

11

Elect Director Samuel O. Thier, M.D.

For

For

Management

12

Elect Director Wendell P. Weeks

For

For

Management

13

Elect Director Peter C. Wendell

For

For

Management

14

Ratify Auditors

For

For

Management

15

Limit Executive Compensation

Against

Against

Shareholder

16

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

17

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

18

Adopt a bylaw to Require an Independent Lead Director

Against

For

Shareholder

04/22/08 - A

MetLife, Inc *MET*

59156R108

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/15/08 - A

Molson Coors Brewing Co *TAP*

60871R209

1

Elect Directors

For

For

Management

05/05/08 - A

Motorola, Inc. *MOT*

620076109

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

4

Claw-back of Payments under Restatements

Against

Against

Shareholder

5

Amend Human Rights Policies

Against

Against

Shareholder

 

Page 38

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/14/08 - A

Murphy Oil Corp. *MUR*

626717102

1

Elect Directors

For

For

Management

2

Approve Non-Employee Director Omnibus Stock Plan

For

For

Management

3

Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity

Against

Against

Shareholder

4

Ratify Auditors

For

For

Management

05/14/08 - A

National Oilwell Varco, Inc. *NOV*

637071101

1

Elect Director Robert E. Beauchamp

For

For

Management

2

Elect Director Jeffery A. Smisek

For

For

Management

3

Ratify Auditors

For

For

Management

4

Approve Executive Incentive Bonus Plan

For

For

Management

05/01/08 - A

Noble Corporation *NE*

G65422100

This is a duplicate meeting for ballots received via the Broadridge North American ballot distribution system

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/15/08 - A

Northern Trust Corp. *NTRS*

665859104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/21/08 - A

Northrop Grumman Corp. *NOC*

666807102

1

Elect Director Lewis W. Coleman

For

For

Management

2

Elect Director Thomas B. Fargo

For

For

Management

3

Elect Director Victor H. Fazio

For

For

Management

4

Elect Director Donald E. Felsinger

For

For

Management

5

Elect Director Stephen E. Frank

For

For

Management

6

Elect Director Phillip Frost

For

Against

Management

7

Elect Director Charles R. Larson

For

For

Management

8

Elect Director Richard B. Myers

For

For

Management

9

Elect Director Aulana L. Peters

For

For

Management

10

Elect Director Kevin W. Sharer

For

For

Management

11

Elect Director Ronald D. Sugar

For

For

Management

12

Ratify Auditors

For

For

Management

13

Amend Omnibus Stock Plan

For

For

Management

14

Report on Foreign Military Sales

Against

Against

Shareholder

15

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

16

Adopt Anti Gross-up Policy

Against

For

Shareholder

 

Page 39

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

06/19/08 - A

Nvidia Corporation *NVDA*

67066G104

1

Elect Director Steven Chu, Ph.D.

For

For

Management

2

Elect Director Harvey C. Jones

For

For

Management

3

Elect Director William J. Miller

For

For

Management

4

Increase Authorized Common Stock

For

For

Management

5

Ratify Auditors

For

For

Management

05/15/08 - A

NYSE Euronext *NYX*

629491101

1

Elect Directors

For

For

Management

2

Amend Omnibus Stock Plan

For

For

Management

3

Ratify Auditors

For

For

Management

4

Approve Issuance of Stock Certificate of Ownership of NYSE Euronext

Against

Against

Shareholder

05/02/08 - A

Occidental Petroleum Corp. *OXY*

674599105

1

Elect Director Spencer Abraham

For

Against

Management

2

Elect Director Ronald W. Burkle

For

For

Management

3

Elect Director John S. Chalsty

For

Against

Management

4

Elect Director Edward P. Djerejian

For

For

Management

5

Elect Director John E. Feick

For

For

Management

6

Elect Director Ray R. Irani

For

For

Management

7

Elect Director Irvin W. Maloney

For

Against

Management

8

Elect Director Avedick B. Poladian

For

For

Management

9

Elect Director Rodolfo Segovia

For

Against

Management

10

Elect Director Aziz D. Syriani

For

For

Management

11

Elect Director Rosemary Tomich

For

Against

Management

12

Elect Director Walter L. Weisman

For

For

Management

13

Ratify Auditors

For

For

Management

14

Publish a Scientific Global Warming Report

Against

Against

Shareholder

15

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

16

Disclose Information on Compensation Consultant

Against

Against

Shareholder

17

Pay For Superior Performance

Against

For

Shareholder

18

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

05/16/08 - A

Omnicom Group Inc. *OMC*

681919106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/22/08 - A

Paccar Inc. *PCAR*

693718108

1

Elect Directors

For

For

Management

2

Increase Authorized Common Stock

For

Against

Management

3

Amend Vote Requirements to Amend Articles/Bylaws/Charter

Against

For

Shareholder

4

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

 

Page 40

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/28/08 - A

Pall Corp. *PLL*

696429307

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Qualified Employee Stock Purchase Plan

For

For

Management

05/08/08 - A

Peabody Energy Corp. *BTU*

704549104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Declassify the Board of Directors

For

For

Management

4

Approve Executive Incentive Bonus Plan

For

For

Management

05/07/08 - A

PepsiCo, Inc. *PEP*

713448108

1

Elect Director I.M. Cook

For

For

Management

2

Elect Director D. Dublon

For

For

Management

3

Elect Director V.J. Dzau

For

For

Management

4

Elect Director R.L. Hunt

For

For

Management

5

Elect Director A. Ibarguen

For

For

Management

6

Elect Director A.C. Martinez

For

For

Management

7

Elect Director I.K. Nooyi

For

For

Management

8

Elect Director S.P. Rockefeller

For

For

Management

9

Elect Director J.J. Schiro

For

For

Management

10

Elect Director L.G. Trotter

For

For

Management

11

Elect Director D.Vasella

For

For

Management

12

Elect Director M.D. White

For

For

Management

13

Ratify Auditors

For

For

Management

14

Report on Recycling

Against

Against

Shareholder

15

Report on Genetically Engineered Products

Against

Against

Shareholder

16

Report on Human Rights Policies Relating to Water Use

Against

Against

Shareholder

17

Report on Global Warming

Against

Against

Shareholder

18

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

04/22/08 - A

PerkinElmer, Inc. *PKI*

714046109

1

Elect Director Robert F. Friel

For

For

Management

2

Elect Director Nicholas A. Lopardo

For

For

Management

3

Elect Director Alexis P. Michas

For

For

Management

4

Elect Director James C. Mullen

For

For

Management

5

Elect Director Vicki L. Sato

For

For

Management

6

Elect Director Gabriel Schmergel

For

For

Management

7

Elect Director Kenton J. Sicchitano

For

For

Management

8

Elect Director Patrick J. Sullivan

For

For

Management

9

Elect Director Gregory L. Summe

For

For

Management

10

Elect Director G. Robert Tod

For

For

Management

11

Ratify Auditors

For

For

Management

 

Page 41

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

04/24/08 - A

Pfizer Inc. *PFE*

717081103

1

Elect Director Dennis A. Ausiello

For

For

Management

2

Elect Director Michael S. Brown

For

For

Management

3

Elect Director M. Anthony Burns

For

For

Management

4

Elect Director Robert N. Burt

For

For

Management

5

Elect Director W. Don Cornwell

For

For

Management

6

Elect Director William H. Gray, III

For

For

Management

7

Elect Director Constance J. Horner

For

For

Management

8

Elect Director William R. Howell

For

For

Management

9

Elect Director James M. Kilts

For

For

Management

10

Elect Director Jeffrey B. Kindler

For

For

Management

11

Elect Director George A. Lorch

For

For

Management

12

Elect Director Dana G. Mead

For

For

Management

13

Elect Director Suzanne Nora Johnson

For

For

Management

14

Elect Director William C. Steere, Jr.

For

For

Management

15

Ratify Auditors

For

For

Management

16

Prohibit Executive Stock-Based Awards

Against

Against

Shareholder

17

Require Independent Board Chairman

Against

For

Shareholder

05/14/08 - A

PG&E Corp. *PCG*

69331C108

1

Elect Director David R. Andrews

For

For

Management

2

Elect Director C. Lee Cox

For

For

Management

3

Elect Director Peter A. Darbee

For

For

Management

4

Elect Director Maryellen C. Herringer

For

For

Management

5

Elect Director Richard A. Meserve

For

For

Management

6

Elect Director Mary S. Metz

For

For

Management

7

Elect Director Barbara L. Rambo

For

For

Management

8

Elect Director Barry Lawson Williams

For

For

Management

9

Ratify Auditors

For

For

Management

10

Report on CEO Contribution to Operation of Company

Against

Against

Shareholder

11

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

12

Require Independent Lead Director

Against

Against

Shareholder

05/07/08 - A

Plum Creek Timber Company, Inc. *PCL*

729251108

1

Elect Director Rick R. Holley

For

For

Management

2

Elect Director Ian B. Davidson

For

For

Management

3

Elect Director Robin Josephs

For

For

Management

4

Elect Director John G. McDonald

For

For

Management

5

Elect Director Robert B. McLeod

For

For

Management

6

Elect Director John F. Morgan, Sr.

For

For

Management

7

Elect Director John H. Scully

For

For

Management

8

Elect Director Stephen C. Tobias

For

For

Management

9

Elect Director Martin A. White

For

For

Management

10

Ratify Auditors

For

For

Management

11

Report on Political Contributions

Against

Against

Shareholder

 

Page 42

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

04/22/08 - A

PNC Financial Services Group, Inc. *PNC*

693475105

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/17/08 - A

PPG Industries, Inc. *PPG*

693506107

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/21/08 - A

PPL Corp. *PPL*

69351T106

1

Elect Directors

For

For

Management

2

Eliminate Supermajority Vote Requirement

For

For

Management

3

Ratify Auditors

For

For

Management

04/22/08 - A

Praxair, Inc. *PX*

74005P104

1

Elect Directors

For

For

Management

2

Require Majority Vote for Non-Contested Election

For

For

Management

3

Ratify Auditors

For

For

Management

05/13/08 - A

Prudential Financial Inc *PRU*

744320102

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/15/08 - A

Public Service Enterprise Group Inc. *PEG*

744573106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Limit Executive Compensation

Against

Against

Shareholder

4

Require Director Nominee Qualifications

Against

Against

Shareholder

5

Require Two Candidates for Each Board Seat

Against

Against

Shareholder

05/15/08 - A

Pulte Homes Inc. *PHM*

745867101

1

Elect Directors

For

Split

Management

1.1

Elect Director Richard G. Wolford — For

1.2

Elect Director Cheryl W. Grise — For

1.3

Elect Director William B. Smith — Withhold

1.4

Elect Director Brian P. Anderson — Withhold

1.5

Elect Director Patrick J. O’Leary — Withhold

2

Approve Executive Incentive Bonus Plan

For

For

Management

3

Ratify Auditors

For

For

Management

 

Page 43

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

4

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

5

Declassify the Board of Directors

Against

For

Shareholder

6

Performance-Based Awards

Against

For

Shareholder

7

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

8

Report on Climate Change Policies

Against

For

Shareholder

9

Establish a Compliance Committee

Against

Against

Shareholder

05/16/08 - A

Quest Diagnostics Incorporated *DGX*

74834L100

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/20/08 - A

Questar Corp. *STR*

748356102

1

Elect Directors

For

Split

Management

1.1

Elect Director Phillips S. Baker, Jr. — For

1.2

Elect Director L. Richard Flury — For

1.3

Elect Director Bruce A. Williamson — For

1.4

Elect Director James A. Harmon — Withhold

2

Ratify Auditors

For

For

Management

3

Declassify the Board of Directors

None

For

Shareholder

05/28/08 - A

R. R. Donnelley & Sons Co. *RRD*

257867101

1

Elect Director Thomas J. Quinlan, III

For

For

Management

2

Elect Director Stephen M. Wolf

For

For

Management

3

Elect Director Lee A. Chaden

For

For

Management

4

Elect Director E.V. (Rick) Goings

For

For

Management

5

Elect Director Judith H. Hamilton

For

For

Management

6

Elect Director Thomas S. Johnson

For

For

Management

7

Elect Director John C. Pope

For

For

Management

8

Elect Director Michael T. Riordan

For

For

Management

9

Elect Director Oliver R. Sockwell

For

For

Management

10

Ratify Auditors

For

For

Management

11

Amend Omnibus Stock Plan

For

For

Management

12

Report on Sustainable Forestry

Against

Against

Shareholder

13

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

05/15/08 - A

Radioshack Corp. *RSH*

750438103

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Require a Majority Vote for the Election of Directors

For

For

Shareholder

 

Page 44

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/20/08 - A

Range Resources Corporation *RRC*

75281A109

1

Elect Directors

For

For

Management

2

Increase Authorized Common Stock

For

For

Management

3

Amend Omnibus Stock Plan

For

For

Management

4

Ratify Auditors

For

For

Management

05/29/08 - A

Raytheon Co. *RTN*

755111507

1

Elect Director Barbara M. Barrett

For

For

Management

2

Elect Director Vernon E. Clark

For

For

Management

3

Elect Director John M. Deutch

For

For

Management

4

Elect Director Frederic M. Poses

For

Against

Management

5

Elect Director Michael C. Ruettgers

For

For

Management

6

Elect Director Ronald L. Skates

For

For

Management

7

Elect Director William R. Spivey

For

For

Management

8

Elect Director Linda G. Stuntz

For

For

Management

9

Elect Director William H. Swanson

For

For

Management

10

Ratify Auditors

For

For

Management

11

Establish SERP Policy

Against

For

Shareholder

12

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/14/08 - A

Safeway Inc. *SWY*

786514208

1

Elect Director Steven A. Burd

For

For

Management

2

Elect Director Janet E. Grove

For

For

Management

3

Elect Director Mohan Gyani

For

For

Management

4

Elect Director Paul Hazen

For

For

Management

5

Elect Director Frank C. Herringer

For

For

Management

6

Elect Director Robert I. MacDonnell

For

For

Management

7

Elect Director Douglas J. MacKenzie

For

For

Management

8

Elect Director Kenneth W. Oder

For

For

Management

9

Elect Director Rebecca A. Stirn

For

For

Management

10

Elect Director William Y. Tauscher

For

For

Management

11

Elect Director Raymond G. Viault

For

For

Management

12

Ratify Auditors

For

For

Management

13

Provide for Cumulative Voting

Against

For

Shareholder

14

Submit SERP to Shareholder Vote

Against

For

Shareholder

15

Adopt Policy on 10b5-1 Plans

Against

For

Shareholder

05/28/08 - A

Sandisk Corp. *SNDK*

80004C101

1

Elect Director Eli Harari

For

For

Management

2

Elect Director Irwin Federman

For

For

Management

3

Elect Director Steven J. Gomo

For

For

Management

4

Elect Director Eddy W. Hartenstein

For

For

Management

5

Elect Director Catherine P. Lego

For

For

Management

6

Elect Director Michael E. Marks

For

For

Management

7

Elect Director James D. Meindl

For

For

Management

8

Ratify Auditors

For

For

Management

9

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

 

Page 45

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/16/08 - A

Schering-Plough Corp. *SGP*

806605101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/09/08 - A

Schlumberger Ltd. *SLB*

806857108

Meeting for ADR Holders

1

Elect Directors

For

For

Management

2

ADOPTION AND APPROVAL OF FINANCIALS AND DIVIDENDS

For

For

Management

3

APPROVAL OF ADOPTION OF THE SCHLUMBERGER 2008 STOCK INCENTIVE PLAN

For

For

Management

4

APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

For

For

Management

05/05/08 - A

Sears Holdings Corporation

812350106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Adopt Policy for Engagement With Proponents of Shareholder Proposals Supported by a Majority Vote

Against

Against

Shareholder

05/22/08 - A

Sempra Energy *SRE*

816851109

1

Elect Director Richard A. Collato

For

For

Management

2

Elect Director Wilford D. Godbold Jr.

For

For

Management

3

Elect Director Richard G. Newman

For

For

Management

4

Elect Director Carlos Ruiz Sacristan

For

For

Management

5

Elect Director William C. Rusnack

For

For

Management

6

Elect Director William P. Rutledge

For

For

Management

7

Elect Director Lynn Schenk

For

For

Management

8

Elect Director Neal E. Schmale

For

For

Management

9

Ratify Auditors

For

For

Management

10

Approve Omnibus Stock Plan

For

For

Management

11

Eliminate Supermajority Vote Requirement

For

For

Management

12

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

05/06/08 - A

Sigma-Aldrich Corp. *SIAL*

826552101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/08/08 - A

SLM Corporation *SLM*

78442P106

1

Elect Director Ann Torre Bates

For

For

Management

2

Elect Director W.M. Diefenderfer III

For

For

Management

 

Page 46

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

3

Elect Director Diane Suitt Gilleland

For

Against

Management

4

Elect Director Earl A. Goode

For

Against

Management

5

Elect Director Ronald F. Hunt

For

For

Management

6

Elect Director Albert L. Lord

For

For

Management

7

Elect Director Michael E. Martin

For

For

Management

8

Elect Director Barry A. Munitz

For

Against

Management

9

Elect Director Howard H. Newman

For

For

Management

10

Elect Director A. Alexander Porter, Jr.

For

For

Management

11

Elect Director Frank C. Puleo

For

For

Management

12

Elect Director Wolfgang Schoellkopf

For

Against

Management

13

Elect Director Steven L. Shapiro

For

Against

Management

14

Elect Director Anthony P. Terracciano

For

For

Management

15

Elect Director Barry L. Williams

For

For

Management

16

Approve Increase in Size of Board

For

For

Management

17

Ratify Auditors

For

For

Management

05/13/08 - A

Smith International, Inc. *SII*

832110100

1

Elect Directors

For

For

Management

2

Amend Omnibus Stock Plan

For

For

Management

3

Increase Authorized Common Stock

For

For

Management

4

Ratify Auditors

For

For

Management

05/21/08 - A

Southwest Airlines Co. *LUV*

844741108

1

Elect Directors

For

Split

Management

1.1

Elect Director David W. Biegler — For

1.2

Elect Director Louis E. Caldera — For

1.3

Elect Director C. Webb Crockett — Withhold

1.4

Elect Director William H. Cunningham — For

1.5

Elect Director Travis C. Johnson — For

1.6

Elect Director Gary C. Kelly — For

1.7

Elect Director Nancy B. Loeffler — For

1.8

Elect Director John T. Montford — For

2

Ratify Auditors

For

For

Management

3

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

4

Establish a Compensation Committee

Against

For

Shareholder

5

Prepare Sustainability Report

Against

For

Shareholder

05/13/08 - A

Sprint Nextel Corp *S*

852061100

1

Elect Director Robert R. Bennett

For

For

Management

2

Elect Director Gordon M. Bethune

For

For

Management

3

Elect Director Larry C. Glasscock

For

For

Management

4

Elect Director James H. Hance, Jr.

For

For

Management

5

Elect Director Daniel R. Hesse

For

For

Management

6

Elect Director V. Janet Hill

For

For

Management

7

Elect Director Irvine O. Hockaday, Jr.

For

For

Management

 

Page 47

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

8

Elect Director Rodney O’Neal

For

For

Management

9

Elect Director Ralph V. Whitworth

For

For

Management

10

Ratify Auditors

For

For

Management

11

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

04/23/08 - A

Stryker Corp. *SYK*

863667101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Qualified Employee Stock Purchase Plan

For

For

Management

04/29/08 - A

SunTrust Banks, Inc. *STI*

867914103

1

Elect Directors

For

For

Management

2

Amend Omnibus Stock Plan

For

For

Management

3

Ratify Auditors

For

For

Management

06/26/08 - A

Supervalu Inc. *SVU*

868536103

1

Elect Director A. Gary Ames

For

For

Management

2

Elect Director Philip L. Francis

For

For

Management

3

Elect Director Edwin C. Gage

For

For

Management

4

Elect Director Garnett L. Keith, Jr.

For

For

Management

5

Elect Director Marissa T. Peterson

For

For

Management

6

Ratify Auditors

For

For

Management

7

Adopt Purchasing Preference for Suppliers Using CAK

Against

Against

Shareholder

8

Declassify the Board of Directors

Against

For

Shareholder

04/10/08 - A

T. Rowe Price Group, Inc. *TROW*

74144T108

1

Elect Director Edward C. Bernard

For

For

Management

2

Elect Director James T. Brady

For

For

Management

3

Elect Director ) J. Alfred Broaddus, Jr.

For

For

Management

4

Elect Director Donald B. Hebb, Jr.

For

For

Management

5

Elect Director James A.C. Kennedy

For

For

Management

6

Elect Director Brian C. Rogers

For

For

Management

7

Elect Director Dr. Alfred Sommer

For

For

Management

8

Elect Director Dwight S. Taylor

For

For

Management

9

Elect Director Anne Marie Whittemore

For

For

Management

10

Increase Authorized Common Stock

For

For

Management

11

Ratify Auditors

For

For

Management

12

Other Business

For

Against

Management

05/22/08 - A

Target Corporation *TGT*

87612E106

1

Elect Director Roxanne S. Austin

For

For

Management

2

Elect Director James A. Johnson

For

For

Management

3

Elect Director Mary E. Minnick

For

For

Management

4

Elect Director Derica W. Rice

For

For

Management

 

Page 48

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

5

Ratify Auditors

For

For

Management

04/28/08 - A

Teradata Corporation *TDC*

88076W103

1

Elect Director David E. Kepler

For

For

Management

2

Elect Director William S. Stavropoulos

For

For

Management

3

Elect Director C. K. Prahalad

For

For

Management

4

Ratify Auditors

For

For

Management

05/15/08 - A

Terex Corp. *TEX*

880779103

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/06/08 - A

Tesoro Corp. *TSO*

881609101

1

Elect Directors

For

For

Management

2

Amend Omnibus Stock Plan

For

Against

Management

3

Ratify Auditors

For

For

Management

04/17/08 - A

Texas Instruments, Inc. *TXN*

882508104

1

Elect Director James R. Adams

For

For

Management

2

Elect Director David L. Boren

For

For

Management

3

Elect Director Daniel A. Carp

For

For

Management

4

Elect Director Carrie S. Cox

For

For

Management

5

Elect Director David R. Goode

For

For

Management

6

Elect Director Pamela H. Patsley

For

For

Management

7

Elect Director Wayne R. Sanders

For

For

Management

8

Elect Director Ruth J. Simmons

For

For

Management

9

Elect Director Richard K. Templeton

For

For

Management

10

Elect Director Christine Todd Whitman

For

For

Management

11

Ratify Auditors

For

For

Management

12

Require Director Nominee Qualifications

Against

Against

Shareholder

04/23/08 - A

Textron Inc. *TXT*

883203101

1

Elect Director Paul E. Gagne

For

For

Management

2

Elect Director Dain M. Hancock

For

For

Management

3

Elect Director Lloyd G. Trotter

For

For

Management

4

Elect Director Thomas B. Wheeler

For

For

Management

5

Ratify Auditors

For

For

Management

6

Report on Foreign Military Sales

Against

Against

Shareholder

7

Adopt Anti Gross-up Policy

Against

For

Shareholder

05/20/08 - A

The Allstate Corp. *ALL*

020002101

1

Elect Director F. Duane Ackerman

For

For

Management

2

Elect Director Robert D. Beyer

For

For

Management

3

Elect Director W. James Farrell

For

For

Management

4

Elect Director Jack M. Greenberg

For

For

Management

5

Elect Director Ronald T. LeMay

For

For

Management

 

Page 49

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

6

Elect Director J. Christopher Reyes

For

For

Management

7

Elect Director H. John Riley, Jr.

For

For

Management

8

Elect Director Joshua I. Smith

For

For

Management

9

Elect Director Judith A. Sprieser

For

For

Management

10

Elect Director Mary Alice Taylor

For

For

Management

11

Elect Director Thomas J. Wilson

For

For

Management

12

Ratify Auditors

For

For

Management

13

Provide for Cumulative Voting

Against

For

Shareholder

14

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

15

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

04/08/08 - A

The Bank Of New York Mellon Corp. *BK*

064058100

1

Elect Directors

For

For

Management

2

Approve Omnibus Stock Plan

For

For

Management

3

Approve Nonqualified Employee Stock Purchase Plan

For

For

Management

4

Approve Executive Incentive Bonus Plan

For

For

Management

5

Ratify Auditors

For

For

Management

6

Restore or Provide for Cumulative Voting

Against

For

Shareholder

7

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

04/17/08 - A

The Black & Decker Corp. *BDK*

091797100

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Approve Restricted Stock Plan

For

For

Management

4

Amend Non-Employee Director Omnibus Stock Plan

For

For

Management

5

Establish SERP Policy

Against

For

Shareholder

04/28/08 - A

The Boeing Co. *BA*

097023105

1

Elect Director John H. Biggs

For

For

Management

2

Elect Director John E. Bryson

For

For

Management

3

Elect Director Arthur D. Collins, Jr.

For

For

Management

4

Elect Director Linda Z. Cook

For

For

Management

5

Elect Director William M. Daley

For

For

Management

6

Elect Director Kenneth M. Duberstein

For

For

Management

7

Elect Director James L. Jones

For

For

Management

8

Elect Director Edward M. Liddy

For

For

Management

9

Elect Director John F. McDonnell

For

For

Management

10

Elect Director W. James McNerney, Jr.

For

For

Management

11

Elect Director Mike S. Zafirovski

For

For

Management

12

Ratify Auditors

For

For

Management

13

Report on Foreign Arms Sales

Against

Against

Shareholder

14

Adopt Principles for Health Care Reform

Against

Against

Shareholder

15

Adopt Human Rights Policy

Against

For

Shareholder

16

Require Independent Lead Director

Against

For

Shareholder

 

Page 50

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

17

Performance-Based and/or Time-Based Equity Awards

Against

For

Shareholder

18

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

19

Restrict Severance Agreements (Change-in-Control)

Against

For

Shareholder

05/15/08 - A

The Charles Schwab Corp. *SCHW*

808513105

1

Elect Director Frank C. Herringer

For

For

Management

2

Elect Director Stephen T. McLin

For

For

Management

3

Elect Director Charles R. Schwab

For

For

Management

4

Elect Director Roger O. Walther

For

For

Management

5

Elect Director Robert N. Wilson

For

For

Management

6

Report on Political Contributions

Against

For

Shareholder

7

Amend Bylaws to Prohibit Precatory Proposals

Against

Against

Shareholder

04/16/08 - A

The Coca-Cola Company *KO*

191216100

1

Elect Director Herbert A. Allen

For

For

Management

2

Elect Director Ronald W. Allen

For

For

Management

3

Elect Director Cathleen P. Black

For

For

Management

4

Elect Director Barry Diller

For

Against

Management

5

Elect Director Alexis M. Herman

For

For

Management

6

Elect Director E. Neville Isdell

For

For

Management

7

Elect Director Muhtar Kent

For

For

Management

8

Elect Director Donald R. Keough

For

For

Management

9

Elect Director Donald F. McHenry

For

For

Management

10

Elect Director Sam Nunn

For

For

Management

11

Elect Director James D. Robinson III

For

For

Management

12

Elect Director Peter V. Ueberroth

For

For

Management

13

Elect Director Jacob Wallenberg

For

For

Management

14

Elect Director James B. Williams

For

For

Management

15

Ratify Auditors

For

For

Management

16

Approve Stock Option Plan

For

For

Management

17

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

18

Require Independent Board Chairman

Against

For

Shareholder

19

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

Shareholder

06/03/08 - A

The DirecTV Group, Inc *DTV*

25459L106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

 

Page 51

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/15/08 - A

The Dow Chemical Company *DOW*

260543103

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Report on Potential Links Between Company Products and Asthma

Against

Against

Shareholder

4

Report on Environmental Remediation in Midland Area

Against

For

Shareholder

5

Report on Genetically Engineered Seed

Against

Against

Shareholder

6

Pay For Superior Performance

Against

For

Shareholder

06/02/08 - A

The Gap, Inc. *GPS*

364760108

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Qualified Employee Stock Purchase Plan

For

For

Management

04/10/08 - A

The Goldman Sachs Group, Inc. *GS*

38141G104

1

Elect Directors Lloyd C. Blankfein

For

For

Management

2

Elect Directors John H. Bryan

For

For

Management

3

Elect Directors Gary D. Cohn

For

For

Management

4

Elect Directors Claes Dahlback

For

For

Management

5

Elect Directors Stephen Friedman

For

For

Management

6

Elect Directors William W. George

For

For

Management

7

Elect Directors Rajat K. Gupta

For

For

Management

8

Elect Directors James A. Johnson

For

For

Management

9

Elect Directors Lois D. Juliber

For

For

Management

10

Elect Directors Edward M. Liddy

For

For

Management

11

Elect Directors Ruth J. Simmons

For

For

Management

12

Elect Directors Jon Winkelried

For

For

Management

13

Ratify Auditors

For

For

Management

14

Prohibit Executive Stock-Based Awards

Against

Against

Shareholder

15

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

16

Prepare Sustainability Report

Against

Against

Shareholder

04/08/08 - A

The Goodyear Tire & Rubber Co. *GT*

382550101

1

Elect Directors

For

Split

Management

1.1

Elect Director James C. Boland — Withhold

1.2

Elect Director James A. Firestone — For

1.3

Elect Director Robert J. Keegan — Withhold

1.4

Elect Director W. Alan McCollough — For

1.5

Elect Director Steven A. Minter — Withhold

1.6

Elect Director Denise M. Morrison — Withhold

 

Page 52

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

1.7

Elect Director Rodney O’Neal — Withhold

1.8

Elect Director Shirley D. Peterson — Withhold

1.9

Elect Director G. Craig Sullivan — Withhold

1.10

Elect Director Thomas H. Weidemeyer — Withhold

1.11

Elect Director Michael R. Wessel — Withhold

2

Approve Omnibus Stock Plan

For

For

Management

3

Approve Executive Incentive Bonus Plan

For

For

Management

4

Ratify Auditors

For

For

Management

04/22/08 - A

The Hershey Co *HSY*

427866108

1

Elect Directors

For

Split

Management

1.1

Elect Director Robert F. Cavanaugh — For

1.2

Elect Director Charles A. Davis — For

1.3

Elect Director Arnold G. Langbo — For

1.4

Elect Director James E. Nevels — For

1.5

Elect Director Thomas J. Ridge — For

1.6

Elect Director Charles B. Strauss — For

1.7

Elect Director David J. West — For

1.8

Elect Director Kenneth L. Wolfe — Withhold

1.9

Elect Director Leroy S. Zimmerman — For

2

Ratify Auditors

For

For

Management

3

Report on Implementing the 2001 Cocoa Protocol Against Forced Child Labor

Against

Against

Shareholder

4

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

Shareholder

06/26/08 - A

The Kroger Co. *KR*

501044101

1

Elect Director Reuben V. Anderson

For

For

Management

2

Elect Director Robert D. Beyer

For

For

Management

3

Elect Director David B. Dillon

For

For

Management

4

Elect Director Susan J. Kropf

For

For

Management

5

Elect Director John T. LaMacchia

For

For

Management

6

Elect Director David B. Lewis

For

For

Management

7

Elect Director Don W. McGeorge

For

For

Management

8

Elect Director W. Rodney McMullen

For

For

Management

9

Elect Director Jorge P. Montoya

For

For

Management

10

Elect Director Clyde R. Moore

For

For

Management

11

Elect Director Susan M. Phillips

For

For

Management

12

Elect Director Steven R. Rogel

For

For

Management

13

Elect Director James A. Runde

For

For

Management

14

Elect Director Ronald L. Sargent

For

For

Management

15

Elect Director Bobby S. Shackouls

For

For

Management

16

Approve Omnibus Stock Plan

For

For

Management

17

Ratify Auditors

For

For

Management

 

Page 53

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

18

Adopt Climate Change Policy

Against

For

Shareholder

19

Adopt Purchasing Preference for Suppliers Using CAK

Against

Against

Shareholder

20

Phase out Sales of Eggs from Battery Cage Hens

Against

Against

Shareholder

21

Report on Company Product Safety Policies

Against

For

Shareholder

22

Pay For Superior Performance

Against

For

Shareholder

05/06/08 - A

The Manitowoc Company, Inc. *MTW*

563571108

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/28/08 - A

The Pepsi Bottling Group, Inc. *PBG*

713409100

1

Elect Director Linda G. Alvarado

For

For

Management

2

Elect Director Barry H. Beracha

For

For

Management

3

Elect Director John C. Compton

For

For

Management

4

Elect Director Eric J. Foss

For

For

Management

5

Elect Director Ira D. Hall

For

For

Management

6

Elect Director Susan D. Kronick

For

For

Management

7

Elect Director Blythe J. McGarvie

For

For

Management

8

Elect Director John A. Quelch

For

For

Management

9

Elect Director Javier G. Teruel

For

For

Management

10

Elect Director Cynthia M. Trudell

For

For

Management

11

Adopt Plurality Voting for Contested Election of Directors

For

For

Management

12

Amend Omnibus Stock Plan

For

Against

Management

13

Ratify Auditors

For

For

Management

04/18/08 - A

The Progressive Corp. *PGR*

743315103

1

Elect Directors

For

For

Management

2

Adopt Majority Voting for Uncontested Election of Directors

For

For

Management

3

Amend Code of Regulations to Modify Definition of Director’s Term of Office

For

For

Management

4

Approve Increase in Size of Board

For

For

Management

5

Ratify Auditors

For

For

Management

04/16/08 - A

The Sherwin-Williams Co. *SHW*

824348106

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

 

Page 54

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

06/03/08 - A

The TJX Companies, Inc. *TJX*

872540109

1

Elect Directors

For

Split

Management

1.1

Elect Director Jos B. Alvarez — For

1.2

Elect Director Alan M. Bennett — For

1.3

Elect Director David A. Brandon — Withhold

1.4

Elect Director Bernard Cammarata — For

1.5

Elect Director David T. Ching — For

1.6

Elect Director Michael F. Hines — For

1.7

Elect Director Amy B. Lane — For

1.8

Elect Director Carol Meyrowitz — For

1.9

Elect Director John F. O’Brien — For

1.10

Elect Director Robert F. Shapiro — For

1.11

Elect Director Willow B. Shire — For

1.12

Elect Director Fletcher H. Wiley — For

2

Ratify Auditors

For

For

Management

3

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

4

Implement MacBride Principles

Against

Against

Shareholder

05/06/08 - A

The Travelers Companies, Inc. *TRV*

89417E109

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/08/08 - A

The Washington Post Co. *WPO*

939640108

1

Elect Directors

For

Split

Management

1.1

Elect Director Christopher C. Davis — For

1.2

Elect Director John L. Dotson Jr. — For

1.3

Elect Director Ronald L. Olson — Withhold

2

Other Business

For

Against

Management

05/20/08 - A

Thermo Fisher Scientific Inc. *TMO*

883556102

1

Elect Director Scott M. Sperling

For

For

Management

2

Elect Director Bruce L. Koepfgen

For

For

Management

3

Elect Director Michael E. Porter

For

For

Management

4

Approve Omnibus Stock Plan

For

For

Management

5

Approve Executive Incentive Bonus Plan

For

For

Management

6

Ratify Auditors

For

For

Management

05/15/08 - A

Tiffany & Co. *TIF*

886547108

1

Elect Director Michael J. Kowalski

For

For

Management

2

Elect Director Rose Marie Bravo

For

For

Management

 

Page 55

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

3

Elect Director Gary E. Costley

For

For

Management

4

Elect Director Lawrence K. Fish

For

For

Management

5

Elect Director Abby F. Kohnstamm

For

For

Management

6

Elect Director Charles K. Marquis

For

For

Management

7

Elect Director Peter W. May

For

For

Management

8

Elect Director J. Thomas Presby

For

For

Management

9

Elect Director William A. Shutzer

For

For

Management

10

Ratify Auditors

For

For

Management

11

Approve Non-Employee Director Omnibus Stock Plan

For

For

Management

06/05/08 - S

Trane Inc.

892893108

1

Approve Merger Agreement

For

For

Management

2

Adjourn Meeting

For

For

Management

05/16/08 - A

Transocean Inc. *RIG*

G90073100

This is a duplicate meeting for ballots received via the Broadridge North American ballot distribution system

1

ELECTION OF DIRECTOR: JON A. MARSHALL

For

For

Management

2

ELECTION OF DIRECTOR: MARTIN B. MCNAMARA

For

For

Management

3

ELECTION OF DIRECTOR: ROBERT E. ROSE

For

For

Management

4

ELECTION OF DIRECTOR: IAN C. STRACHAN

For

For

Management

5

APPROVAL OF THE APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2008.

For

For

Management

05/01/08 - A

Union Pacific Corp. *UNP*

907818108

1

Elect Director Andrew H. Card, Jr.

For

For

Management

2

Elect Director Erroll B. Davis, Jr.

For

For

Management

3

Elect Director Thomas J. Donohue

For

For

Management

4

Elect Director Archie W. Dunham

For

For

Management

5

Elect Director Judith Richards Hope

For

For

Management

6

Elect Director Charles C. Krulak

For

For

Management

7

Elect Director Michael W. McConnell

For

For

Management

8

Elect Director Thomas F. McLarty III

For

For

Management

9

Elect Director Steven R. Rogel

For

For

Management

10

Elect Director James R. Young

For

For

Management

11

Ratify Auditors

For

For

Management

12

Increase Authorized Common Stock

For

For

Management

13

Report on Political Contributions

Against

For

Shareholder

05/08/08 - A

United Parcel Service, Inc. *UPS*

911312106

1

Elect Directors

For

For

Management

 

Page 56

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

2

Ratify Auditors

For

For

Management

04/29/08 - A

United States Steel Corp. *X*

912909108

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/09/08 - A

United Technologies Corp. *UTX*

913017109

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Omnibus Stock Plan

For

For

Management

4

Adopt Principles for Health Care Reform

Against

Against

Shareholder

5

Improve Human Rights Standards or Policies

Against

For

Shareholder

6

Pay For Superior Performance

Against

For

Shareholder

7

Report on Foreign Military Sales

Against

Against

Shareholder

06/05/08 - A

UnitedHealth Group Incorporated *UNH*

91324P102

1

Elect Director William C. Ballard, Jr.

For

For

Management

2

Elect Director Richard T. Burke

For

For

Management

3

Elect Director Robert J. Darretta

For

For

Management

4

Elect Director Stephen J. Hemsley

For

For

Management

5

Elect Director Michele J. Hooper

For

For

Management

6

Elect Director Douglas W. Leatherdale

For

For

Management

7

Elect Director Glenn M. Renwick

For

For

Management

8

Elect Director Gail R. Wilensky

For

For

Management

9

Amend Omnibus Stock Plan

For

For

Management

10

Amend Qualified Employee Stock Purchase Plan

For

For

Management

11

Ratify Auditors

For

For

Management

12

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

13

Performance-Based Equity Awards

Against

For

Shareholder

05/22/08 - A

Unum Group *UNM*

91529Y106

1

Elect Director Jon S. Fossel

For

For

Management

2

Elect Director Gloria C. Larson

For

For

Management

3

Elect Director William J. Ryan

For

For

Management

4

Elect Director Thomas R. Watjen

For

For

Management

5

Approve Executive Incentive Bonus Plan

For

For

Management

6

Approve Nonqualified Employee Stock Purchase Plan

For

For

Management

7

Approve Nonqualified Employee Stock Purchase Plan

For

For

Management

8

Ratify Auditors

For

For

Management

 

Page 57

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

05/01/08 - A

Valero Energy Corp. *VLO*

91913Y100

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Share buyback holding period

Against

Against

Shareholder

4

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

5

Report on Political Contributions

Against

For

Shareholder

05/29/08 - A

VeriSign, Inc. *VRSN*

92343E102

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/01/08 - A

Verizon Communications *VZ*

92343V104

1

Elect Director Richard L. Carrion

For

For

Management

2

Elect Director M. Frances Keeth

For

For

Management

3

Elect Director Robert W. Lane

For

For

Management

4

Elect Director Sandra O. Moose

For

For

Management

5

Elect Director Joseph Neubauer

For

For

Management

6

Elect Director Donald T. Nicolaisen

For

For

Management

7

Elect Director Thomas H. O’Brien

For

For

Management

8

Elect Director Clarence Otis, Jr.

For

For

Management

9

Elect Director Hugh B. Price

For

For

Management

10

Elect Director Ivan G. Seidenberg

For

For

Management

11

Elect Director John W. Snow

For

For

Management

12

Elect Director John R. Stafford

For

For

Management

13

Ratify Auditors

For

For

Management

14

Prohibit Executive Stock-Based Awards

Against

Against

Shareholder

15

Amend EEO Policy to Prohibit Discrimination based on Gender Identity

Against

Against

Shareholder

16

Require Independent Board Chairman

Against

Against

Shareholder

04/22/08 - A

VF Corp. *VFC*

918204108

1

Elect Directors

For

For

Management

2

Amend Executive Incentive Bonus Plan

For

For

Management

3

Ratify Auditors

For

For

Management

05/09/08 - A

Vulcan Materials Co. *VMC*

929160109

1

Elect Directors

For

Split

Management

1.1

Elect Director Donald M. James — For

1.2

Elect Director Ann McLaughlin Korologos — For

1.3

Elect Director Philip J. Carroll, Jr. — Withhold

1.4

Elect Director Orin R. Smith — For

2

Ratify Auditors

For

For

Management

3

Adopt the Legacy Vulcan Corp. Restated Certificate of Incorporation

For

For

Management

 

Page 58

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

04/30/08 - A

W.W. Grainger, Inc. *GWW*

384802104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

06/06/08 - A

Wal-Mart Stores, Inc. *WMT*

931142103

1

Elect Director Aida M. Alvarez

For

For

Management

2

Elect Director James W. Breyer

For

For

Management

3

Elect Director M. Michele Burns

For

For

Management

4

Elect Director James I. Cash, Jr.

For

For

Management

5

Elect Director Roger C. Corbett

For

For

Management

6

Elect Director Douglas N. Daft

For

For

Management

7

Elect Director David D. Glass

For

For

Management

8

Elect Director Gregory B. Penner

For

For

Management

9

Elect Director Allen I. Questrom

For

For

Management

10

Elect Director H. Lee Scott, Jr.

For

For

Management

11

Elect Director Arne M. Sorenson

For

For

Management

12

Elect Director Jim C. Walton

For

For

Management

13

Elect Director S. Robson Walton

For

For

Management

14

Elect Director Christopher J. Williams

For

For

Management

15

Elect Director Linda S. Wolf

For

For

Management

16

Approve Executive Incentive Bonus Plan

For

For

Management

17

Ratify Auditors

For

For

Management

18

Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity

Against

Against

Shareholder

19

Pay For Superior Performance

Against

For

Shareholder

20

Claw-back of Payments under Restatements

Against

Against

Shareholder

21

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

Shareholder

22

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

23

Report on Political Contributions

Against

For

Shareholder

24

Report on Social and Reputation Impact of Failure to Comply with ILO Conventions

Against

Against

Shareholder

25

Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

Shareholder

04/15/08 - A

Washington Mutual, Inc *WM*

939322103

1

Elect Director Stephen I. Chazen

For

For

Management

2

Elect Director Stephen E. Frank

For

Withhold

Management

3

Elect Director Kerry K. Killinger

For

For

Management

4

Elect Director Thomas C. Leppert

For

For

Management

5

Elect Director Charles M. Lillis

For

Withhold

Management

6

Elect Director Phillip D. Matthews

For

Withhold

Management

7

Elect Director Regina T. Montoya

For

Withhold

Management

8

Elect Director Michael K. Murphy

For

Withhold

Management

9

Elect Director Margaret Osmer McQuade

For

Withhold

Management

10

Elect Director Mary E. Pugh

For

Withhold

Management

 

Page 59

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

11

Elect Director William G. Reed, Jr.

For

Withhold

Management

12

Elect Director Orin C. Smith

For

For

Management

13

Elect Director James H. Stever

For

Withhold

Management

14

Ratify Auditors

For

For

Management

15

Amend Qualified Employee Stock Purchase Plan

For

For

Management

16

Require Independent Board Chairman

Against

For

Shareholder

17

Require a Majority Vote for the Election of Directors

Against

For

Shareholder

06/24/08 - S

Washington Mutual, Inc *WM*

939322103

1

Increase Authorized Common Stock

For

For

Management

2

Approve Conversion of Securities

For

For

Management

05/09/08 - A

Waste Management, Inc. *WMI*

94106L109

1

Elect Director Pastora San Juan Cafferty

For

For

Management

2

Elect Director Frank M. Clark, Jr.

For

For

Management

3

Elect Director Patrick W. Gross

For

For

Management

4

Elect Director Thomas I. Morgan

For

For

Management

5

Elect Director John C. Pope

For

For

Management

6

Elect Director W. Robert Reum

For

For

Management

7

Elect Director Steven G. Rothmeier

For

For

Management

8

Elect Director David P. Steiner

For

For

Management

9

Elect Director Thomas H. Weidemeyer

For

For

Management

10

Ratify Auditors

For

For

Management

11

Repot on Political Contributions

Against

For

Shareholder

05/14/08 - A

Waters Corporation *WAT*

941848103

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

05/09/08 - A

Watson Pharmaceuticals, Inc. *WPI*

942683103

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

06/02/08 - A

Weatherford International Ltd *WFT*

G95089101

This is a duplicate meeting for ballots received via the Broadridge North American Ballot distribution system.

1

ELECTION AS DIRECTOR: NICHOLAS F. BRADY

For

For

Management

2

ELECTION AS DIRECTOR: WILLIAM E. MACAULAY

For

For

Management

3

ELECTION AS DIRECTOR: DAVID J. BUTTERS

For

For

Management

 

Page 60

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

4

ELECTION AS DIRECTOR: ROBERT B. MILLARD

For

For

Management

5

ELECTION AS DIRECTOR: BERNARD J. DUROC-DANNER

For

For

Management

6

ELECTION AS DIRECTOR: ROBERT K. MOSES, JR.

For

For

Management

7

ELECTION OF DIRECTOR: ROBERT A. RAYNE

For

For

Management

8

Ratify Auditors

For

For

Management

04/29/08 - A

Wells Fargo and Company *WFC*

949746101

1

Elect Director John S. Chen

For

For

Management

2

Elect Director Lloyd H. Dean

For

For

Management

3

Elect Director Susan E. Engel

For

For

Management

4

Elect Director Enrique Hernandez, Jr.

For

For

Management

5

Elect Director Robert L. Joss

For

For

Management

6

Elect Director Richard M. Kovacevich

For

For

Management

7

Elect Director Richard D. McCormick

For

For

Management

8

Elect Director Cynthia H. Milligan

For

Against

Management

9

Elect Director Nicholas G. Moore

For

For

Management

10

Elect Director Philip J. Quigley

For

Against

Management

11

Elect Director Donald B. Rice

For

Against

Management

12

Elect Director Judith M. Runstad

For

For

Management

13

Elect Director Stephen W. Sanger

For

For

Management

14

Elect Director John G. Stumpf

For

For

Management

15

Elect Director Susan G. Swenson

For

For

Management

16

Elect Director Michael W. Wright

For

Against

Management

17

Ratify Auditors

For

For

Management

18

Amend Executive Incentive Bonus Plan

For

For

Management

19

Amend Omnibus Stock Plan

For

For

Management

20

Require Independent Board Chairman

Against

For

Shareholder

21

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

22

Pay For Superior Performance

Against

For

Shareholder

23

Report on Human Rights Investment Policies

Against

Against

Shareholder

24

Adopt EEO Policy Without Reference to Sexual Orientation

Against

Against

Shareholder

25

Report on Racial and Ethnic Disparities in Loan Pricing

Against

Against

Shareholder

04/17/08 - A

Weyerhaeuser Co. *WY*

962166104

1

Elect Director John I. Kieckhefer

For

Against

Management

2

Elect Director Arnold G. Langbo

For

Against

Management

3

Elect Director Charles R. Williamson

For

Against

Management

4

Require Independent Board Chairman

Against

For

Shareholder

5

Ratify Auditors

For

For

Management

 

Page 61

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

04/15/08 - A

Whirlpool Corp. *WHR*

963320106

1

Elect Director Herman Cain

For

For

Management

2

Elect Director Jeff M. Fettig

For

For

Management

3

Elect Director Miles L. Marsh

For

For

Management

4

Elect Director Paul G. Stern

For

For

Management

5

Declassify the Board of Directors

Against

For

Shareholder

6

Amend Bylaws/Charter to Remove Antitakeover Provisions

Against

For

Shareholder

05/08/08 - A

Windstream Corp. *WIN*

97381W104

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

04/24/08 - A

Wyeth *WYE*

983024100

1

Elect Director Robert M. Amen

For

For

Management

2

Elect Director Michael J. Critelli

For

For

Management

3

Elect Director Robert Essner

For

For

Management

4

Elect Director John D. Feerick

For

For

Management

5

Elect Director Frances D. Fergusson

For

For

Management

6

Elect Director Victor F. Ganzi

For

For

Management

7

Elect Director Robert Langer

For

For

Management

8

Elect Director John P. Mascotte

For

For

Management

9

Elect Director Raymond J. McGuire

For

For

Management

10

Elect Director Mary Lake Polan

For

For

Management

11

Elect Director Bernard Poussot

For

For

Management

12

Elect Director Gary L. Rogers

For

For

Management

13

Elect Director John R. Torell III

For

For

Management

14

Ratify Auditors

For

For

Management

15

Amend Omnibus Stock Plan

For

For

Management

16

Amend Non-Employee Director Restricted Stock Plan

For

For

Management

17

Report on Political Contributions

Against

For

Shareholder

18

Claw-back of Payments under Restatements

Against

Against

Shareholder

04/24/08 - A

Wyndham Worldwide Corp *WYN*

98310W108

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

04/25/08 - A

XL Capital Ltd. *XL*

G98255105

This is a duplicate meeting for ballots received via the Broadridge North American ballot distribution system

1

Elect Directors

For

For

Management

2

TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP, NEW YORK, NEW YORK TO ACT AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008.

For

For

Management

 

Page 62

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

3

TO APPROVE THE AMENDMENT AND RESTATEMENT OF THE COMPANY S DIRECTORS STOCK & OPTION PLAN.

For

For

Management

05/20/08 - A

XTO Energy Inc *XTO*

98385X106

1

Elect Director William H. Adams III

For

Against

Management

2

Elect Director Keith A. Hutton

For

For

Management

3

Elect Director Jack P. Randall

For

For

Management

4

Amend Omnibus Stock Plan

For

For

Management

5

Ratify Auditors

For

For

Management

6

Declassify the Board of Directors

Against

For

Shareholder

05/15/08 - A

Yum Brands, Inc. *YUM*

988498101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Adopt Majority Voting for Uncontested Election of Directors

For

For

Management

4

Amend Omnibus Stock Plan

For

Against

Management

5

Adopt MacBride Principles

Against

Against

Shareholder

6

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

7

Report on Sustainability and Food Safety in the Supply Chain

Against

For

Shareholder

8

Report on Animal Welfare Policies

Against

Against

Shareholder

05/05/08 - A

Zimmer Holdings Inc *ZMH*

98956P102

1

Elect Director David C. Dvorak

For

For

Management

2

Elect Director Robert A. Hagemann

For

For

Management

3

Elect Director Arthur J. Higgins

For

For

Management

4

Elect Director Cecil B. Pickett

For

For

Management

5

Ratify Auditors

For

For

Management

6

Amend Executive Incentive Bonus Plan

For

For

Management

7

Eliminate Supermajority Vote Requirement

For

For

Management

09/28/07 - S

American Standard Companies Inc. *ASD*

029712106

1

Change Company Name

For

For

Management

08/21/07 - S

Archstone Smith Trust *ASN*

039583109

1

Approve Merger Agreement

For

For

Management

2

Adjourn Meeting

For

For

Management

 

Page 63

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type		Company/ Ballot Issues		Security		Management Recommendation		Vote Cast		Proponent
09/28/07 - S		Avaya Inc *AV*		053499109
		1       Approve Merger Agreement				For		For		Management
		2       Adjourn Meeting				For		For		Management
09/21/07 - S		Bausch & Lomb Inc. *BOL*		071707103
		1       Approve Merger Agreement				For		For		Management
08/21/07 - A		BMC Software, Inc. *BMC*		055921100
		1       Elect Directors				For		For		Management
		2       Ratify Auditors				For		For		Management
		3       Approve Omnibus Stock Plan				For		For		Management
09/25/07 - S		Clear Channel Communications, Inc. *CCU*		184502102
		1       Approve Merger Agreement				For		For		Management
		2       Adjourn Meeting				For		For		Management
		3       Other Business				For		Against		Management
07/09/07 - S		CME Group Inc. *CME*		167760107
		1       Approve Merger Agreement				For		For		Management
		2       Adjourn Meeting				For		For		Management
08/08/07 - S		Compass Bancshares, Inc. *CBSS*		20449H109
		1       Approve Merger Agreement				For		For		Management
		2       Adjourn Meeting				For		For		Management
08/28/07 - A		Compuware Corp. *CPWR*		205638109
		1       Elect Directors				For		For		Management
		2       Ratify Auditors				For		For		Management
		3       Approve Omnibus Stock Plan				For		For		Management
09/27/07 - A		Conagra Foods Inc. *CAG*		205887102
		1       Elect Directors				For		For		Management
		2       Ratify Auditors				For		For		Management
		3       Report on Feasibility of Improving Animal Welfare Standards				Against		Against		Shareholder
07/18/07 - A		Dynegy, Inc. *DYN*		26817G102
		1       Elect Directors				For		For		Management
		2       Ratify Auditors				For		For		Management
		3       Pay For Superior Performance				Against		For		Shareholder

 

Page 64

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

07/26/07 - A

Electronic Arts Inc. *ERTS*

285512109

1

Elect Director Leonard S. Coleman

For

For

Management

2

Elect Director Gary M. Kusin

For

For

Management

3

Elect Director Gregory B. Maffei

For

For

Management

4

Elect Director Timothy Mott

For

For

Management

5

Elect Director Vivek Paul

For

For

Management

6

Elect Director Lawrence F. Probst, III

For

For

Management

7

Elect Director John S. Riccitiello

For

For

Management

8

Elect Director Richard A. Simonson

For

For

Management

9

Elect Director Linda J. Srere

For

For

Management

10

Amend Omnibus Stock Plan

For

For

Management

11

Amend Qualified Employee Stock Purchase Plan

For

For

Management

12

Approve Executive Incentive Bonus Plan

For

For

Management

13

Ratify Auditors

For

For

Management

07/31/07 - S

First Data Corp.

319963104

1

Approve Merger Agreement

For

For

Management

2

Adjourn Meeting

For

For

Management

08/13/07 - A

Forest Laboratories, Inc. *FRX*

345838106

1

Elect Directors

For

For

Management

2

Approve Omnibus Stock Plan

For

For

Management

3

Ratify Auditors

For

For

Management

07/10/07 - A

Freeport-McMoRan Copper & Gold Inc. *FCX*

35671D857

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Omnibus Stock Plan

For

For

Management

09/24/07 - A

General Mills, Inc. *GIS*

370334104

1

Elect Director Paul Danos

For

For

Management

2

Elect Director William T. Esrey

For

For

Management

3

Elect Director Raymond V. Gilmartin

For

For

Management

4

Elect Director Judith Richards Hope

For

For

Management

5

Elect Director Heidi G. Miller

For

Against

Management

6

Elect Director Hilda Ochoa-Brillemberg

For

For

Management

7

Elect Director Steve Odland

For

For

Management

8

Elect Director Kendall J. Powell

For

For

Management

9

Elect Director Michael D. Rose

For

For

Management

10

Elect Director Robert L. Ryan

For

For

Management

11

Elect Director Stephen W. Sanger

For

For

Management

12

Elect Director A. Michael Spence

For

For

Management

13

Elect Director Dorothy A. Terrell

For

For

Management

14

Ratify Auditors

For

For

Management

15

Approve Omnibus Stock Plan

For

For

Management

 

Page 65

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

08/15/07 - A

H. J. Heinz Co. *HNZ*

423074103

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Nonqualified Employee Stock Purchase Plan

For

For

Management

4

Approve Executive Incentive Bonus Plan

For

For

Management

5

Reduce Supermajority Vote Requirement

For

For

Management

6

Reduce Supermajority Vote Requirement

For

For

Management

7

Company Specific — Provide Majority Vote for the Election of Directors

For

For

Management

09/18/07 - S

Hilton Hotels Corp. *HLT*

432848109

1

Approve Merger Agreement

For

For

Management

2

Adjourn Meeting

For

For

Management

09/17/07 - A

Nike, Inc. *NKE*

654106103

1

Elect Directors

For

For

Management

2

Amend Executive Incentive Bonus Plan

For

For

Management

3

Ratify Auditors

For

For

Management

08/09/07 - A

Polo Ralph Lauren Corp. *RL*

731572103

1

Elect Directors

For

For

Management

2

Amend Executive Incentive Bonus Plan

For

For

Management

3

Ratify Auditors

For

For

Management

08/14/07 - A

Precision Castparts Corp. *PCP*

740189105

1

Elect Directors

For

For

Management

2

Approve Executive Incentive Bonus Plan

For

For

Management

09/13/07 - A

Symantec Corp. *SYMC*

871503108

1

Elect Directors

For

Split

Management

1.1

Elect Director Michael Brown — For

1.2

Elect Director William T. Coleman — For

1.3

Elect Director Frank E. Dangeard — For

1.4

Elect Director David L. Mahoney — For

1.5

Elect Director Robert S. Miller — For

1.6

Elect Director George Reyes — Withhold

1.7

Elect Director Daniel H. Schulman — For

1.8

Elect Director John W. Thompson — For

1.9

Elect Director V. Paul Unruh — For

2

Amend Outside Director Stock Awards in Lieu of Cash

For

For

Management

 

Page 66

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

3

Ratify Auditors

For

For

Management

4

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

07/17/07 - S

Terex Corp. *TEX*

880779103

1

Increase Authorized Common Stock

For

For

Management

09/07/07 - A

TXU Corp. *TXU*

873168108

1

Approve Merger Agreement

For

For

Management

2

Adjourn Meeting

For

For

Management

3

Elect Directors

For

For

Management

4

Ratify Auditors

For

For

Management

5

Adopt Quantitative Emissions Goals

Against

Against

Shareholder

6

Report on Political Contributions

Against

For

Shareholder

08/30/07 - A

VeriSign, Inc. *VRSN*

92343E102

1

Elect Directors

For

Withhold

Management

2

Declassify the Board of Directors

For

For

Management

3

Approve Qualified Employee Stock Purchase Plan

For

For

Management

4

Ratify Auditors

For

For

Management

12/12/07 - A

AutoZone, Inc. *AZO*

053332102

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

11/15/07 - A

Cisco Systems, Inc. *CSCO*

17275R102

1

Elect Director Carol A. Bartz

For

For

Management

2

Elect Director M. Michele Burns

For

For

Management

3

Elect Director Michael D. Capellas

For

For

Management

4

Elect Director Larry R. Carter

For

For

Management

5

Elect Director John T. Chambers

For

For

Management

6

Elect Director Brian L. Halla

For

For

Management

7

Elect Director Dr. John L. Hennessy

For

For

Management

8

Elect Director Richard M. Kovacevich

For

For

Management

9

Elect Director Roderick C. McGeary

For

For

Management

10

Elect Director Michael K. Powell

For

For

Management

11

Elect Director Steven M. West

For

For

Management

12

Elect Director Jerry Yang

For

For

Management

13

Amend Omnibus Stock Plan

For

For

Management

14

Approve Executive Incentive Bonus Plan

For

For

Management

15

Ratify Auditors

For

For

Management

16

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

Shareholder

17

Pay For Superior Performance

Against

For

Shareholder

18

Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

Shareholder

19

Report on Internet Fragmentation

Against

For

Shareholder

 

Page 67

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

11/08/07 - A

Coach, Inc. *COH*

189754104

1

Elect Directors

For

For

Management

11/14/07 - S

Deere & Co. *DE*

244199105

1

Approve Increase in Common Stock and a Stock Split

For

For

Management

12/04/07 - A

Dell Inc. *DELL*

24702R101

1

Elect Directors

For

For

Management

2

Ratify Auditors

For

For

Management

3

Amend Omnibus Stock Plan

For

For

Management

4

Stock Retention/Holding Period

Against

For

Shareholder

5

Declaration of Dividend

Against

Against

Shareholder

12/13/07 - S

Dow Jones & Co., Inc.

260561105

1

Approve Merger Agreement

For

For

Management

2

Adjourn Meeting

For

For

Management

12/17/07 - A

Harman International Industries, Inc. *HAR*

413086109

1

Elect Directors

For

For

Management

2

Approve Executive Incentive Bonus Plan

For

For

Management

10/17/07 - S

Manor Care, Inc. *HCR*

564055101

1

Approve Merger Agreement

For

For

Management

2

Adjourn Meeting

For

For

Management

11/07/07 - A

Meredith Corp. *MDP*

589433101

1

Elect Directors

For

For

Management

11/13/07 - A

Microsoft Corp. *MSFT*

594918104

1

Elect Director William H. Gates, III

For

For

Management

2

Elect Director Steven A. Ballmer

For

For

Management

3

Elect Director James I. Cash, Jr.

For

For

Management

4

Elect Director Dina Dublon

For

For

Management

5

Elect Director Raymond V. Gilmartin

For

For

Management

6

Elect Director Reed Hastings

For

For

Management

7

Elect Director David F. Marquardt

For

For

Management

8

Elect Director Charles H. Noski

For

For

Management

9

Elect Director Helmut Panke

For

For

Management

10

Elect Director Jon A. Shirley

For

For

Management

11

Ratify Auditors

For

For

Management

12

Adopt Policies to Protect Freedom of Access to the Internet

Against

Against

Shareholder

13

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

Shareholder

 

Page 68

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Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

11/02/07 - A

Oracle Corp. *ORCL*

68389X105

1

Elect Directors

For

For

Management

2

Approve Executive Incentive Bonus Plan

For

For

Management

3

Ratify Auditors

For

For

Management

4

Amend Bylaws to Establish a Board Committee on Human Rights

Against

Against

Shareholder

5

Issue an Open Source Report

Against

Against

Shareholder

11/09/07 - A

SYSCO Corporation *SYY*

871829107

1

Elect Director John M. Cassaday

For

For

Management

2

Elect Director Manuel A. Fernandez

For

For

Management

3

Elect Director Jackie M. Ward

For

For

Management

4

Approve Omnibus Stock Plan

For

For

Management

5

Amend Qualified Employee Stock Purchase Plan

For

For

Management

6

Ratify Auditors

For

For

Management

11/09/07 - A

The Estee Lauder Companies Inc. *EL*

518439104

1

Elect Directors

For

Split

Management

1.1

Elect Director Aerin Lauder — For

1.2

Elect Director William P. Lauder — For

1.3

Elect Director Lynn Forester de Rothschild — For

1.4

Elect Director Richard D. Parsons — Withhold

2

Amend Non-Employee Director Omnibus Stock Plan

For

Against

Management

3

Ratify Auditors

For

For

Management

10/09/07 - A

The Procter & Gamble Company *PG*

742718109

1

Elect Directors

For

For

Management

2

Ratify Auditor

For

For

Management

3

Prohibit Executive Stock-Based Awards

Against

Against

Shareholder

4

Report on Free Enterprise Initiatives

Against

Against

Shareholder

5

Report on Animal Welfare

Against

Against

Shareholder

11/09/07 - C

Transocean Inc. *RIG*

G90078109

Meeting for ADR Holders

1

APPROVAL OF THE SCHEME OF ARRANGEMENT, ATTACHED TO THE ACCOMPANYING JOINT PROXY STATEMENT AS ANNEX G, WHICH PROVIDES FOR THE RECLASSIFICATION OF OUR ORDINARY SHARES.

For

For

Management

 

Page 69

---

Nuveen Core Equity Alpha Fund

Proxy Voting Report

July 1, 2007 – June 30, 2008

 

Meeting Date/Type

Company/ Ballot Issues

Security

Management Recommendation

Vote Cast

Proponent

2

APPROVAL OF THE ISSUANCE OF OUR ORDINARY SHARES TO SHAREHOLDERS OF GLOBALSANTAFE CORPORATION IN THE MERGER UNDER THE TERMS OF THE AGREEMENT AND PLAN OF MERGER, ATTACHED TO THE ACCOMPANYING JOINT PROXY STATEMENT AS ANNEX A.

For

For

Management

3

APPROVAL OF THE AMENDMENT AND RESTATEMENT OF OUR MEMORANDUM AND ARTICLES OF ASSOCIATION TO, AMONG OTHER THINGS, INCREASE THE MAXIMUM NUMBER OF DIRECTORS CONSTITUTING THE BOARD OF DIRECTORS OF TRANSOCEAN INC. FROM 13 TO 14.

For

For

Management

 

Page 70

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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.

 

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Nuveen Core Equity Alpha Fund

 

By		/s/ Gifford R. Zimmerman
		Gifford R. Zimmerman - Chief Administrative Officer
Date

 

August 28, 2008