UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-5912
MFS SPECIAL VALUE TRUST
(Exact name of registrant as specified in charter)
500 Boylston Street, Boston, Massachusetts 02116
(Address of principal executive offices) (Zip code)
Susan S. Newton
Massachusetts Financial Services Company
500 Boylston Street
Boston, Massachusetts 02116
(Name and address of agents for service)
Registrant's telephone number, including area code: (617) 954-5000
Date of fiscal year end: October 31
Date of reporting period: July 1, 2006 - June 30, 2007
ITEM 1. PROXY VOTING RECORD.
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-05912
Reporting Period: 07/01/2006 - 06/30/2007
MFS Special Value Trust
=========================== MFS SPECIAL VALUE TRUST ============================
APACHE CORP.
Ticker: APA Security ID: 037411105
Meeting Date: MAY 2, 2007 Meeting Type: Annual
Record Date: MAR 13, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Eugene C. Fiedorek For For Management
2 Elect Director Patricia Albjerg Graham For For Management
3 Elect Director F. H. Merelli For For Management
4 Elect Director Raymond Plank For For Management
5 Approve Omnibus Stock Plan For For Management
6 Company-Specific --Reimbursement of Proxy Against Against Shareholder
Expenses
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CHESAPEAKE ENERGY CORP.
Ticker: CHK Security ID: 165167107
Meeting Date: JUN 8, 2007 Meeting Type: Annual
Record Date: APR 16, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Frank Keating For For Management
1.2 Elect Director Merrill A. Miller, Jr. For For Management
1.3 Elect Director Frederick B. Whittemore For For Management
2 Amend Omnibus Stock Plan For For Management
3 Amend Non-Employee Director Stock Option For For Management
Plan
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COUNTRYWIDE FINANCIAL CORP.
Ticker: CFC Security ID: 222372104
Meeting Date: JUN 13, 2007 Meeting Type: Annual
Record Date: APR 16, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Henry G. Cisneros For For Management
1.2 Elect Director Robert J. Donato For For Management
1.3 Elect Director Harley W. Snyder For For Management
2 Ratify Auditors For For Management
3 Advisory Vote to Ratify Named Executive Against Against Shareholder
Officers' Compensation
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FOUNDATION COAL HLDGS INC
Ticker: FCL Security ID: 35039W100
Meeting Date: MAY 17, 2007 Meeting Type: Annual
Record Date: MAR 28, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director James F. Roberts For For Management
1.2 Elect Director David I. Foley For For Management
1.3 Elect Director Alex T. Krueger For For Management
1.4 Elect Director P. Michael Giftos For For Management
1.5 Elect Director Robert C. Scharp For For Management
1.6 Elect Director William J. Crowley, Jr. For For Management
1.7 Elect Director Joel Richards, III For For Management
1.8 Elect Director Thomas V. Shockley, III For For Management
2 Ratify Auditors For For Management
3 Other Business For Against Management
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FRONTIERVISION OPERATING PARTNERS L.P.
Ticker: Security ID: 35921LAA3
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: NOV 28, 2005
# Proposal Mgt Rec Vote Cast Sponsor
1 DEBTORS FOURTH AMENDED JOINT PLAN OF None Did Not Management
REORGANIZATION UNDER CHAPTER 11 OF THE Vote
BANKRUPTCY CODE DATED NOVEMBER 21, 2005.
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GLOBALSANTAFE CORPORATION (FORMERLY SANTA FE INTERNATIONAL CORP)
Ticker: GSF Security ID: G3930E101
Meeting Date: JUN 7, 2007 Meeting Type: Annual
Record Date: APR 9, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Edward R. Muller For For Management
1.2 Elect Director John L. Whitmire For For Management
2 Ratify Auditors For For Management
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HUNTSMAN CORP
Ticker: HUN Security ID: 447011107
Meeting Date: MAY 3, 2007 Meeting Type: Annual
Record Date: MAR 16, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Nolan D. Archibald For For Management
1.2 Elect Director H.W. Lichtenberger For Withhold Management
1.3 Elect Director Richard A. Michaelson For For Management
2 Ratify Auditors For For Management
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ION MEDIA NETWORKS, INC.
Ticker: ION Security ID: 704231AK5
Meeting Date: MAY 15, 2007 Meeting Type: Written Consent
Record Date: MAY 15, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director - Ted S. Lodge None For Shareholder
2 Elect Director - Eugene I. Davis None For Shareholder
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LOUISIANA-PACIFIC CORP
Ticker: LPX Security ID: 546347105
Meeting Date: MAY 3, 2007 Meeting Type: Annual
Record Date: MAR 6, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Lizanne C. Gottung For For Management
1.2 Elect Director Dustan E. McCoy For For Management
1.3 Elect Director Colin D. Watson For For Management
2 Ratify Auditors For For Management
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MASCO CORPORATION
Ticker: MAS Security ID: 574599106
Meeting Date: MAY 8, 2007 Meeting Type: Annual
Record Date: MAR 15, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Dennis W. Archer For For Management
2 Elect Director Anthony F. Earley, Jr. For For Management
3 Elect Director Lisa A. Payne For For Management
4 Elect Director Peter A. Dow For For Management
5 Ratify Auditors For For Management
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NORTEL NETWORKS CORPORATION
Ticker: NT Security ID: 656568508
Meeting Date: MAY 2, 2007 Meeting Type: Annual/Special
Record Date: MAR 9, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Jalynn H. Bennett For For Management
1.2 Elect Director Manfred Bischoff For For Management
1.3 Elect Director James B. Hunt, Jr. For For Management
1.4 Elect Director Kristina M. Johnson For For Management
1.5 Elect DirectorJohn A. MacNaughton For For Management
1.6 Elect Director John P. Manley For For Management
1.7 Elect Director Richard D. McCormick For For Management
1.8 Elect Director Claude Mongeau For For Management
1.9 Elect Director Harry J. Pearce For For Management
1.10 Elect Director John D. Watson For For Management
1.11 Elect Director Mike S. Zafirovski For For Management
2 Approve KPMG LLP as Auditors and For For Management
Authorize Board to Fix Remuneration of
Auditors
3 SP - Establish a Pay for Superior Against Against Shareholder
Performance Standard in Executive
Compensation
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NRG ENERGY INC
Ticker: NRG Security ID: 629377508
Meeting Date: APR 25, 2007 Meeting Type: Annual
Record Date: MAR 12, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director David Crane For For Management
1.2 Elect Director Stephen L. Cropper For For Management
1.3 Elect Director Maureen Miskovic For For Management
1.4 Elect Director Thomas H. Weidemeyer For For Management
2 Ratify Auditors For For Management
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OWENS-ILLINOIS, INC.
Ticker: OI Security ID: 690768403
Meeting Date: MAY 9, 2007 Meeting Type: Annual
Record Date: MAR 12, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Albert P.L. Stroucken For For Management
1.2 Elect Director Dennis K. Williams For For Management
1.3 Elect Director Thomas L. Young For For Management
2 Ratify Auditors For For Management
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PALL CORP.
Ticker: PLL Security ID: 696429307
Meeting Date: NOV 15, 2006 Meeting Type: Annual
Record Date: SEP 26, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Daniel J. Carroll, Jr. For For Management
1.2 Elect Director Eric Krasnoff For For Management
1.3 Elect Director Dennis N. Longstreet For For Management
1.4 Elect Director Edward L. Snyder For For Management
1.5 Elect Director James D. Watson For For Management
2 Declassify the Board of Directors For For Shareholder
3 Ratify Auditors For For Management
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SALLY BEAUTY HOLDINGS, INC.
Ticker: SBH Security ID: 79546E104
Meeting Date: APR 26, 2007 Meeting Type: Annual
Record Date: FEB 28, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director James G. Berges For For Management
1.2 Elect Director Marshall E. Eisenberg For For Management
1.3 Elect Director John A. Miller For For Management
1.4 Elect Director Richard J. Schnall 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
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SYMANTEC CORP.
Ticker: SYMC Security ID: 871503108
Meeting Date: SEP 13, 2006 Meeting Type: Annual
Record Date: JUL 17, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Michael Brown For For Management
1.2 Elect Director William T. Coleman For For Management
1.3 Elect Director David L. Mahoney For For Management
1.4 Elect Director Robert S. Miller For Withhold Management
1.5 Elect Director George Reyes For For Management
1.6 Elect Director David Roux For For Management
1.7 Elect Director Daniel H. Schulman For For Management
1.8 Elect Director John W. Thompson For For Management
1.9 Elect Director V. Paul Unruh For For Management
2 Amend Omnibus Stock Plan For Against Management
3 Ratify Auditors For For Management
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TENET HEALTHCARE CORP.
Ticker: THC Security ID: 88033G100
Meeting Date: MAY 10, 2007 Meeting Type: Annual
Record Date: MAR 15, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Trevor Fetter For For Management
1.2 Elect Director John Ellis (Jeb) Bush For For Management
1.3 Elect Director Brenda J. Gaines For For Management
1.4 Elect Director Karen M. Garrison For For Management
1.5 Elect Director Edward A. Kangas For For Management
1.6 Elect Director J. Robert Kerrey For For Management
1.7 Elect Director Floyd D. Loop, M.D. For For Management
1.8 Elect Director Richard R. Pettingill For For Management
1.9 Elect Director James A. Unruh For For Management
1.10 Elect Director J. McDonald Williams For For Management
2 Amend Executive Incentive Bonus Plan For For Management
3 Ratify Auditors For For Management
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TITAN INTERNATIONAL, INC.
Ticker: TWI Security ID: 88830M102
Meeting Date: MAY 17, 2007 Meeting Type: Annual
Record Date: MAR 20, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Edward J. Campbell For For Management
1.2 Elect Director Maurice M. Taylor, Jr. For For Management
2 Approve Increase in Size of Board For For Management
3 Elect Director J. Michael A. Akers For For Management
4 Ratify Auditors For For Management
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TYCO INTERNATIONAL LTD.
Ticker: TYC Security ID: 902124106
Meeting Date: MAR 8, 2007 Meeting Type: Annual
Record Date: JAN 12, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Dennis C. Blair For For Management
1.2 Elect Director Edward D. Breen For For Management
1.3 Elect Director Brian Duperreault For For Management
1.4 Elect Director Bruce S. Gordon For For Management
1.5 Elect Director Rajiv L. Gupta For For Management
1.6 Elect Director John A. Krol For For Management
1.7 Elect Director H. Carl Mccall For For Management
1.8 Elect Director Brendan R. O'Neill For For Management
1.9 Elect Director William S. Stavropoulous For For Management
1.10 Elect Director Sandra S. Wijnberg For For Management
1.11 Elect Director Jerome B. York For For Management
2 Ratify Auditors For For Management
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TYCO INTERNATIONAL LTD.
Ticker: TYC Security ID: 902124106
Meeting Date: MAR 8, 2007 Meeting Type: Special
Record Date: JAN 12, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 APPROVAL OF REVERSE STOCK SPLIT OF THE For For Management
COMPANYS COMMON SHARES AT A SPLIT RATIO
OF 1 FOR 4
2 APPROVAL OF CONSEQUENTIAL AMENDMENT TO For For Management
THE COMPANY S AMENDED AND RESTATED
BYE-LAWS.
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WARNER CHILCOTT LTD
Ticker: WCRX Security ID: G9435N108
Meeting Date: MAY 24, 2007 Meeting Type: Annual
Record Date: MAR 30, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.a Elect Director John P. Connaughton For For Management
1b Elect Director Stephen P. Murray For For Management
1c Elect Director Steven C. Rattner For For Management
2 Ratify Auditors For For Management
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WASTE MANAGEMENT, INC.
Ticker: WMI Security ID: 94106L109
Meeting Date: MAY 4, 2007 Meeting Type: Annual
Record Date: MAR 9, 2007
# Proposal Mgt Rec Vote Cast Sponsor
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
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WILLIAMS COMPANIES, INC., THE
Ticker: WMB Security ID: 969457100
Meeting Date: MAY 17, 2007 Meeting Type: Annual
Record Date: MAR 26, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Kathleen B. Cooper For For Management
2 Elect Director William R. Granberry For For Management
3 Elect Director Charles M. Lillis For For Management
4 Elect Director William G. Lowrie For For Management
5 Ratify Auditors For For Management
6 Approve Omnibus Stock Plan For For Management
7 Approve Qualified Employee Stock Purchase For For Management
Plan
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WINDSTREAM CORP.
Ticker: WIN Security ID: 97381W104
Meeting Date: MAY 9, 2007 Meeting Type: Annual
Record Date: MAR 16, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Samuel E. Beall, III For For Management
1.2 Elect Director Dennis E. Foster For For Management
1.3 Elect Director Francis X. Frantz For For Management
1.4 Elect Director Jeffery R. Gardner For For Management
1.5 Elect Director Jeffrey T. Hinson For For Management
1.6 Elect Director Judy K. Jones For For Management
1.7 Elect Director William A. Montgomery For For Management
1.8 Elect Director Frank E. Reed For For Management
2 Approve Executive Incentive Bonus Plan For For Management
3 Ratify Auditors For For Management
4 Stock Retention/Holding Period Against Against Shareholder
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WYETH
Ticker: WYE Security ID: 983024100
Meeting Date: APR 26, 2007 Meeting Type: Annual
Record Date: MAR 2, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Robert Essner For For Management
2 Elect Director John D. Feerick For For Management
3 Elect Director Frances D. Fergusson For For Management
4 Elect Director Victor F. Ganzi For For Management
5 Elect Director Robert Langer For For Management
6 Elect Director John P. Mascotte For For Management
7 Elect Director Raymond J. McGuire For For Management
8 Elect Director Mary Lake Polan For For Management
9 Elect Director Bernard Poussot For For Management
10 Elect Director Gary L. Rogers For For Management
11 Elect Director Ivan G. Seidenberg For For Management
12 Elect Director Walter V. Shipley For For Management
13 Elect Director John R. Torell III For For Management
14 Ratify Auditors For For Management
15 Reduce Supermajority Vote Requirement For For Management
16 Amend Omnibus Stock Plan For For Management
17 Adopt Animal Welfare Policy Against Against Shareholder
18 Report on Policy to Limit Drug Supply to Against Against Shareholder
Canada
19 Report on Political Contributions Against Against Shareholder
20 Claw-back of Payments under Restatements Against For Shareholder
21 Company-Specific - Interlocking Against Against Shareholder
Directorship
22 Disclose Information-Proposal Withdrawn. Against Against Shareholder
No Vote Required
23 Separate Chairman and CEO Positions Against Against Shareholder
24 Advisory Vote to Ratify Named Executive Against Against Shareholder
Officers' Compensation
========== END NPX REPORT
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Registrant: MFS SPECIAL VALUE TRUST
By (Signature and Title) MARIA F. DWYER*
-------------------------------------------
Maria F. Dwyer, Principal Executive Officer
Date: August 29, 2007
*By (Signature and Title) /s/ Susan S. Newton
-------------------------------------------
Susan S. Newton, as attorney-in-fact
* Executed by Susan S. Newton on behalf of Maria F. Dwyer pursuant to a Power
of Attorney dated July 18, 2007. (1)
(1) Incorporated by reference to MFS Series Trust XV (File Nos. 2-96738 and
811-4253) Post-Effective Amendment No. 28 filed with the SEC via EDGAR on
August 24, 2007 and to MFS Series Trust XIV (File No. 811-22033) Post-
Effective Amendment No. 1 to be filed with the SEC via EDGAR on or about
August 30, 2007.