UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-21769
Highland Special Situations Fund
(Exact name of registrant as specified in charter)
NexBank Tower
13455 Noel Road, Suite 800
Dallas, TX 75240
13455 Noel Road, Suite 800
Dallas, TX 75240
(Address of principal executive offices) (Zip code)
James D. Dondero
Highland Capital Management, L.P.
NexBank Tower
13455 Noel Road, Suite 800
Dallas, TX 75240
Highland Capital Management, L.P.
NexBank Tower
13455 Noel Road, Suite 800
Dallas, TX 75240
(Name and address of agent for service)
Registrant’s telephone number, including area code: 877-665-1287
Date of fiscal year end: December 31
Date of reporting period: July 1, 2007 – June 30, 2008
Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2007 TO JUNE 30, 2008
RESTORATION OPPORTUNITIES FUND
EXELON CORPORATION
Security: | 30161N101 | Agenda Number: | 932833874 | |||||
Ticker: | EXC | Meeting Type: | Annual | |||||
ISIN: | US30161N1019 | Meeting Date: | 29-Apr-08 |
Proposed | For/Against | |||||||
Prop. # | Proposal | by | Proposal Vote | Management | ||||
1A | Election of Directors (Majority Voting) | Mgmt | No vote | |||||
1B | Election of Directors (Majority Voting) | Mgmt | No vote | |||||
1C | Election of Directors (Majority Voting) | Mgmt | No vote | |||||
1D | Election of Directors (Majority Voting) | Mgmt | No vote | |||||
02 | Ratify Appointment of Independent Auditors | Mgmt | No vote | |||||
03 | Miscellaneous Shareholder Proposal | Shr | No vote |
GRAY TELEVISION INC
Security: | 389375106 | Agenda Number: | 932877535 | |||||
Ticker: | GTN | Meeting Type: | Annual | |||||
ISIN: | US3893751061 | Meeting Date: | 04-Jun-08 |
Proposed | For/Against | |||||||
Prop. # | Proposal | by | Proposal Vote | Management | ||||
01 | Election of Directors | |||||||
1 RICHARD L. BOGER | Mgmt | For | For | |||||
2 RAY M. DEAVER | Mgmt | For | For | |||||
3 T.L. ELDER | Mgmt | For | For | |||||
4 HILTON H. HOWELL, JR. | Mgmt | For | For | |||||
5 WILLIAM E. MAYHER, III | Mgmt | For | For | |||||
6 ZELL B. MILLER | Mgmt | For | For | |||||
7 HOWELL W. NEWTON | Mgmt | For | For | |||||
8 HUGH E. NORTON | Mgmt | For | For | |||||
9 ROBERT S. PRATHER, JR. | Mgmt | For | For | |||||
10 HARRIETT J. ROBINSON | Mgmt | For | For | |||||
11 J. MACK ROBINSON | Mgmt | For | For |
KEY ENERGY SERVICES, INC.
Security: | 492914106 | Agenda Number: | 932788512 | |||||
Ticker: | KEG | Meeting Type: | Annual | |||||
ISIN: | US4929141061 | Meeting Date: | 06-Dec-07 |
Proposed | For/Against | |||||||
Prop. # | Proposal | by | Proposal Vote | Management | ||||
01 | Election of Directors | |||||||
1 LYNN R. COLEMAN | Mgmt | For | For | |||||
2 KEVIN P. COLLINS | Mgmt | For | For | |||||
3 W. PHILLIP MARCUM | Mgmt | For | For | |||||
4 WILLIAM F. OWENS | Mgmt | For | For | |||||
02 | Approve Stock Compensation Plan | Mgmt | For | For | ||||
03 | Ratify Appointment of Independent Auditors | Mgmt | For | For |
KEY ENERGY SERVICES, INC.
Security: | 492914106 | Agenda Number: | 932869603 | |||||
Ticker: | KEG | Meeting Type: | Annual | |||||
ISIN: | US4929141061 | Meeting Date: | 05-Jun-08 |
Proposed | For/Against | |||||||
Prop. # | Proposal | by | Proposal Vote | Management | ||||
01 | Election of Directors | |||||||
1 DAVID J. BREAZZANO | Mgmt | No vote | ||||||
2 WILLIAM D. FERTIG | Mgmt | No vote | ||||||
3 J. ROBINSON WEST | Mgmt | No vote | ||||||
4 ROBERT K. REEVES | Mgmt | No vote | ||||||
02 | Ratify Appointment of Independent Auditors | Mgmt | No vote |
MIRANT CORPORATION
Security: | 60467R100 | Agenda Number: | 932838874 | |||||
Ticker: | MIR | Meeting Type: | Annual | |||||
ISIN: | US60467R1005 | Meeting Date: | 07-May-08 |
Proposed | For/Against | |||||||
Prop. # | Proposal | by | Proposal Vote | Management | ||||
01 | Election of Directors | |||||||
1 THOMAS W. CASON | Mgmt | No vote | ||||||
2 A.D. (PETE) CORRELL | Mgmt | No vote | ||||||
3 TERRY G. DALLAS | Mgmt | No vote | ||||||
4 THOMAS H. JOHNSON | Mgmt | No vote | ||||||
5 JOHN T. MILLER | Mgmt | No vote | ||||||
6 EDWARD R. MULLER | Mgmt | No vote | ||||||
7 ROBERT C. MURRAY | Mgmt | No vote | ||||||
8 JOHN M. QUAIN | Mgmt | No vote | ||||||
9 WILLIAM L. THACKER | Mgmt | No vote | ||||||
02 | Ratify Appointment of Independent Auditors | Mgmt | No vote |
OWENS CORNING
Security: | 690742101 | Agenda Number: | 932783930 | |||||
Ticker: | OC | Meeting Type: | Annual | |||||
ISIN: | US6907421019 | Meeting Date: | 06-Dec-07 |
Proposed | For/Against | |||||||
Prop. # | Proposal | by | Proposal Vote | Management | ||||
01 | Election of Directors | |||||||
1 RALPH F. HAKE | Mgmt | For | For | |||||
2 F. PHILIP HANDY | Mgmt | For | For | |||||
3 MARC SOLE | Mgmt | For | For | |||||
4 MICHAEL H. THAMAN | Mgmt | For | For | |||||
5 DANIEL K.K. TSEUNG | Mgmt | For | For | |||||
02 | Amend Stock Option Plan | Mgmt | Against | Against | ||||
03 | Ratify Appointment of Independent Auditors | Mgmt | For | For |
PORTLAND GENERAL ELECTRIC CO
Security: | 736508847 | Agenda Number: | 932833444 | |||||
Ticker: | POR | Meeting Type: | Annual | |||||
ISIN: | US7365088472 | Meeting Date: | 07-May-08 |
Proposed | For/Against | |||||||
Prop. # | Proposal | by | Proposal Vote | Management | ||||
01 | Election of Directors | |||||||
1 JOHN W. BALLANTINE | Mgmt | No vote | ||||||
2 RODNEY L. BROWN, JR. | Mgmt | No vote | ||||||
3 DAVID A. DIETZLER | Mgmt | No vote | ||||||
4 PEGGY Y. FOWLER | Mgmt | No vote | ||||||
5 MARK B. GANZ | Mgmt | No vote | ||||||
6 CORBIN A. MCNEILL, JR. | Mgmt | No vote | ||||||
7 NEIL J. NELSON | Mgmt | No vote | ||||||
8 M. LEE PELTON | Mgmt | No vote | ||||||
9 MARIA M. POPE | Mgmt | No vote | ||||||
10 ROBERT T.F. REID | Mgmt | No vote | ||||||
02 | Ratify Appointment of Independent Auditors | Mgmt | No vote | |||||
03 | Amend Stock Compensation Plan | Mgmt | No vote | |||||
04 | Approve Cash/Stock Bonus Plan | Mgmt | No vote |
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 Highland Special Situations Fund
By (Signature and Title)* | /s/ James D. Dondero | ||
James D. Dondero, President (Principal Executive Officer) |
Date | August 28, 2008 |
* | Print the name and title of each signing officer under his or her signature. |