Credit Opportunities Fund | 07/01/2014 to 06/30/2015 |
ICA File Number: 811-22939 |
Registrant Name: T. Rowe Price Credit Opportunities Fund, Inc. |
Reporting Period: 07/01/2014 - 06/30/2015 |
FORM N-PX |
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT |
INVESTMENT COMPANY |
Investment Company Act file number 811-22939 |
T. Rowe Price Credit Opportunities Fund, Inc. |
(Exact name of registrant as specified in charter) |
100 East Pratt Street Baltimore, Maryland 21202 |
(Address of principal executive offices) |
Darrell N. Braman |
100 East Pratt Street |
Baltimore, Maryland 21202 |
(Name and address of agent for service) |
Registrant’s telephone number, including area code: (410) 345-2000 |
Date of fiscal year end: 05/31 |
Date of reporting period: 07/01/2014 to 06/30/2015 |
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) T. Rowe Price Credit Opportunities Fund, Inc. |
By (Signature and Title) /s/ Edward C. Bernard |
Edward C. Bernard, Chairman of the Board - T. Rowe Price Funds |
Date August 31, 2015 |
Credit Opportunities Fund
ALLY FINANCIAL INC. Meeting Date: JUL 17, 2014 Record Date: JUN 03, 2014 Meeting Type: ANNUAL | ||||
Ticker: ALLY Security ID: 02005N100 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Franklin W. Hobbs | Management | For | For |
1.2 | Elect Director Robert T. Blakely | Management | For | For |
1.3 | Elect Director Mayree C. Clark | Management | For | For |
1.4 | Elect Director Stephen A. Feinberg | Management | For | Withhold |
1.5 | Elect Director Kim S. Fennebresque | Management | For | For |
1.6 | Elect Director Gerald Greenwald | Management | For | For |
1.7 | Elect Director Marjorie Magner | Management | For | For |
1.8 | Elect Director Mathew Pendo | Management | For | For |
1.9 | Elect Director John J. Stack | Management | For | For |
1.10 | Elect Director Michael A. Carpenter | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify Auditors | Management | For | For |
ATLAS PIPELINE 5.875% NOTES DUE AUG 1, 2023 Meeting Date: FEB 19, 2015 Record Date: FEB 19, 2015 Meeting Type: CONSENT AND TENDER | ||||
Ticker: Security ID: 04939MAJ8 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Tender and Consent prior to the Early Tender Date to Receive the Total Consideration, which includes the early tender premium. | Management | N/A | Yes |
BANKRATE INC. 6.125% 144A NOTES DUE AUGUST 15, 2018 Meeting Date: NOV 10, 2014 Record Date: NOV 05, 2015 Meeting Type: CONSENT | ||||
Ticker: Security ID: 06647FAB8 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Consent | Management | N/A | No |
CLIFFS NATURAL 4.95% NOTES DUE JANUARY 15, 2018 Meeting Date: NOV 25, 2014 Record Date: NOV 24, 2014 Meeting Type: CONSENT AND TENDER | ||||
Ticker: Security ID: 18683KAF8 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Tender prior to the Early Tender date to receive the Total Consideration, which includes the Early Tender Premium. | Management | N/A | Yes |
CONTINENTAL RESOURCES, INC. Meeting Date: MAY 19, 2015 Record Date: MAR 24, 2015 Meeting Type: ANNUAL | ||||
Ticker: CLR Security ID: 212015101 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Lon McCain | Management | For | For |
1.2 | Elect Director Mark E. Monroe | Management | For | For |
2 | Increase Authorized Common Stock | Management | For | For |
3 | Ratify Grant Thornton LLP as Auditors | Management | For | For |
4 | Require Independent Board Chairman | Shareholder | Against | For |
GLOBAL GEOPHYSICAL 10.5% NOTES DUE MAY 1, 2017 Meeting Date: NOV 12, 2014 Record Date: OCT 15, 2014 Meeting Type: CONSENT | ||||
Ticker: Security ID: 37946SAB3 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Consent | Management | N/A | Take No Action |
LIBERTY GLOBAL PLC Meeting Date: FEB 24, 2015 Record Date: DEC 26, 2014 Meeting Type: SPECIAL | ||||
Ticker: LBTYK Security ID: G5480U120 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Adopt New Articles of Association | Management | For | For |
2 | Amend Articles of Association with Respect to Voting on the Variation of Rights Attached to Classes of Shares | Management | For | For |
MURRAY ENERGY CORP. 9.50 NOTES DUE DECEMBER 5, 2020 Meeting Date: MAR 27, 2015 Record Date: MAR 13, 2015 Meeting Type: CONSENT | ||||
Ticker: Security ID: 62704PAE3 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Consent to the Proposed Amendments. | Management | N/A | Yes |
NII INTERNATL TELECOM SA 11.375% NOTES DUE AUGUST 15, 2019 Meeting Date: MAY 14, 2015 Record Date: APR 20, 2015 Meeting Type: CONSENT | ||||
Ticker: Security ID: 62914QAA5 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Consent Granted - Event or proposal approved. | Management | N/A | No |
RANGE RESOURCES CORPORATION Meeting Date: MAY 19, 2015 Record Date: MAR 27, 2015 Meeting Type: ANNUAL | ||||
Ticker: RRC Security ID: 75281A109 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director Anthony V. Dub | Management | For | For |
1b | Elect Director V. Richard Eales | Management | For | For |
1c | Elect Director Allen Finkelson | Management | For | For |
1d | Elect Director James M. Funk | Management | For | For |
1e | Elect Director Christopher A. Helms | Management | For | For |
1f | Elect Director Jonathan S. Linker | Management | For | For |
1g | Elect Director Mary Ralph Lowe | Management | For | For |
1h | Elect Director Kevin S. McCarthy | Management | For | For |
1i | Elect Director John H. Pinkerton | Management | For | For |
1j | Elect Director Jeffrey L. Ventura | Management | For | For |
2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
3 | Ratify Ernst & Young LLP as Auditors | Management | For | For |
4 | Proxy Access | Shareholder | Against | For |
RITE AID CORPORATION Meeting Date: JUN 25, 2015 Record Date: MAY 01, 2015 Meeting Type: ANNUAL | ||||
Ticker: RAD Security ID: 767754104 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1a | Elect Director John T. Standley | Management | For | For |
1b | Elect Director Joseph B. Anderson, Jr. | Management | For | For |
1c | Elect Director Bruce G. Bodaken | Management | For | For |
1d | Elect Director David R. Jessick | Management | For | For |
1e | Elect Director Kevin E. Lofton | Management | For | For |
1f | Elect Director Myrtle S. Potter | Management | For | For |
1g | Elect Director Michael N. Regan | Management | For | For |
1h | Elect Director Frank A. Savage | Management | For | For |
1i | Elect Director Marcy Syms | Management | For | For |
2 | Ratify Deloitte & Touche LLP as Auditors | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
4 | Pro-rata Vesting of Equity Awards | Shareholder | Against | For |
5 | Proxy Access | Shareholder | Against | Against |
SEVEN GENERATIONS ENERGY LTD Meeting Date: MAY 06, 2015 Record Date: MAR 30, 2015 Meeting Type: ANNUAL/SPECIAL | ||||
Ticker: VII Security ID: 81783Q105 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Fix Number of Directors at Nine | Management | For | For |
2.1 | Elect Director Patrick Carlson | Management | For | For |
2.2 | Elect Director C. Kent Jespersen | Management | For | For |
2.3 | Elect Director Michael Kanovsky | Management | For | For |
2.4 | Elect Director Kaush Rakhit | Management | For | For |
2.5 | Elect Director Kevin Brown | Management | For | For |
2.6 | Elect Director Jeff van Steenbergen | Management | For | For |
2.7 | Elect Director Jeff Donahue | Management | For | For |
2.8 | Elect Director Dale Hohm | Management | For | For |
2.9 | Elect Director W.J. (Bill) McAdam | Management | For | For |
3 | Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration | Management | For | For |
T-MOBILE US, INC. Meeting Date: JUN 02, 2015 Record Date: APR 10, 2015 Meeting Type: ANNUAL | ||||
Ticker: TMUS Security ID: 872590104 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director W. Michael Barnes | Management | For | Withhold |
1.2 | Elect Director Thomas Dannenfeldt | Management | For | Withhold |
1.3 | Elect Director Srikant M. Datar | Management | For | For |
1.4 | Elect Director Lawrence H. Guffey | Management | For | Withhold |
1.5 | Elect Director Timotheus Hottges | Management | For | For |
1.6 | Elect Director Bruno Jacobfeuerborn | Management | For | For |
1.7 | Elect Director Raphael Kubler | Management | For | Withhold |
1.8 | Elect Director Thorsten Langheim | Management | For | Withhold |
1.9 | Elect Director John J. Legere | Management | For | For |
1.10 | Elect Director Teresa A. Taylor | Management | For | Withhold |
1.11 | Elect Director Kelvin R. Westbrook | Management | For | For |
2 | Ratify PricewaterhouseCoopers LLP as Auditors | Management | For | For |
3 | Approve Qualified Employee Stock Purchase Plan | Management | For | For |
4 | Report on Human Rights Risk Assessment Process | Shareholder | Against | Against |
5 | Provide Proxy Access Right | Shareholder | Against | For |
TERRAFORM POWER, INC. Meeting Date: JUN 02, 2015 Record Date: APR 14, 2015 Meeting Type: ANNUAL | ||||
Ticker: TERP Security ID: 88104R100 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Ahmad Chatila | Management | For | Withhold |
1.2 | Elect Director Carlos Domenech Zornoza | Management | For | Withhold |
1.3 | Elect Director Brian Wuebbels | Management | For | Withhold |
1.4 | Elect Director Hanif 'Wally' Dahya | Management | For | Withhold |
1.5 | Elect Director Mark Florian | Management | For | For |
1.6 | Elect Director Mark Lerdal | Management | For | Withhold |
1.7 | Elect Director Martin Truong | Management | For | Withhold |
1.8 | Elect Director Francisco 'Pancho' Perez Gundin | Management | For | Withhold |
1.9 | Elect Director Steven Tesoriere | Management | For | Withhold |
2 | Ratify KPMG LLP as Auditors | Management | For | For |
TIG TOPCO LIMITED Meeting Date: MAY 29, 2015 Record Date: MAY 27, 2015 Meeting Type: ANNUAL | ||||
Ticker: Security ID: NA | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | To elect John Tiner as Chairman and Non-Executive Director, subject to receipt of regulatory approvals. | Management | For | For |
2 | Pending the appointment of John Tiner, to re-elect Alastair Lyons as interim Chairman and Non-Executive Director. | Management | For | For |
3 | To re-elect Scott Egan as interim Chief Executive Officer and Executive Director. | Management | For | For |
4 | To re-elect Philip Moore as Non-Executive Director. | Management | For | For |
5 | To re-elect Teresa Robson-Capps as Non-Executive Director. | Management | For | For |
6 | To approve the delegation of responsibility for the group's acquisition programme. | Management | For | For |
7 | To approve the delegation of the power to determine remuneration matters. | Management | For | For |
TIME WARNER CABLE INC. Meeting Date: OCT 09, 2014 Record Date: AUG 18, 2014 Meeting Type: SPECIAL | ||||
Ticker: TWC Security ID: 88732J207 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Approve Merger Agreement | Management | For | For |
2 | Advisory Vote on Golden Parachutes | Management | For | Against |
WESTMORELAND COAL 10.75 % NOTES DUE FEBRUARY 1, 2018 Meeting Date: NOV 20, 2014 Record Date: NOV 20, 2014 Meeting Type: CONSENT AND TENDER | ||||
Ticker: Security ID: 960887AB3 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Tender and Consent prior to the Consent Payment Deadline to receive the Total Consideration, which includes the Consent Payment. | Management | N/A | Yes |
END NPX REPORT