UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY | |||||||||
Investment Company Act File Number : | 811-02796 | ||||||||
Name of Registrant: | Putnam High Yield Trust | ||||||||
Address of Principal Executive Offices: | One Post Office Square | ||||||||
Boston, Massachusetts 02109 | |||||||||
Name and address of agent of service: | Robert T. Burns | ||||||||
Putnam High Yield Trust | |||||||||
One Post Office Square | |||||||||
Boston, Massachusetts 02109 | |||||||||
CC: | Bryan Chegwidden, Esq. | ||||||||
Ropes & Gray LLP | |||||||||
1211 Avenue of the Americas | |||||||||
New York, New York 10036 | |||||||||
Registrant's telephone number including area code: | (617) 292-1000 | ||||||||
Date of fiscal year end: | 08/31 | ||||||||
Date of reporting period: | 07/01/2016 - 06/30/2017 |
Registrant: | Putnam High Yield Trust | |||||||
Fund Name: | Putnam High Yield Trust | |||||||
Date of Fiscal Year End: | 08/31 | |||||||
Ally Financial Inc. | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
ALLY | CUSIP 02005N100 | 05/02/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Annual | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1 | Elect Franklin W. Hobbs | Mgmt | For | For | For | |||
2 | Elect Kenneth J. Bacon | Mgmt | For | For | For | |||
3 | Elect Robert T. Blakely | Mgmt | For | For | For | |||
4 | Elect Maureen Breakiron-Evans | Mgmt | For | For | For | |||
5 | Elect William H. Cary | Mgmt | For | For | For | |||
6 | Elect Mayree C. Clark | Mgmt | For | For | For | |||
7 | Elect Kim S. Fennebresque | Mgmt | For | For | For | |||
8 | Elect Marjorie Magner | Mgmt | For | For | For | |||
9 | Elect John J. Stack | Mgmt | For | For | For | |||
10 | Elect Michael F. Steib | Mgmt | For | For | For | |||
11 | Elect Jeffrey J. Brown | Mgmt | For | For | For | |||
12 | Advisory Vote on Executive Compensation | Mgmt | For | For | For | |||
13 | Amendment to the Incentive Compensation Plan | Mgmt | For | For | For | |||
14 | Amendment to the Non-Employee Directors Equity Compensation Plan | Mgmt | For | For | For | |||
15 | Amendment to the Executive Performance Plan | Mgmt | For | For | For | |||
16 | Ratification of Auditor | Mgmt | For | For | For | |||
Berry Plastics Group, Inc. | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
BERY | CUSIP 08579W103 | 03/02/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Annual | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1.1 | Elect Ronald S. Rolfe | Mgmt | For | For | For | |||
1.2 | Elect B. Evan Bayh | Mgmt | For | For | For | |||
1.3 | Elect Jonathan F. Foster | Mgmt | For | For | For | |||
2 | Repeal of Classified Board | Mgmt | For | For | For | |||
3 | Ratification of Auditor | Mgmt | For | For | For | |||
CIT Group Inc. | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
CIT | CUSIP 125581801 | 05/09/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Annual | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1 | Elect Ellen R. Alemany | Mgmt | For | For | For | |||
2 | Elect Michael L. Brosnan | Mgmt | For | For | For | |||
3 | Elect Michael A. Carpenter | Mgmt | For | For | For | |||
4 | Elect Dorene C. Dominguez | Mgmt | For | For | For | |||
5 | Elect Alan Frank | Mgmt | For | For | For | |||
6 | Elect William M. Freeman | Mgmt | For | For | For | |||
7 | Elect R. Brad Oates | Mgmt | For | For | For | |||
8 | Elect Marianne M. Parrs | Mgmt | For | For | For | |||
9 | Elect Gerald Rosenfeld | Mgmt | For | For | For | |||
10 | Elect John R. Ryan | Mgmt | For | For | For | |||
11 | Elect Sheila A. Stamps | Mgmt | For | For | For | |||
12 | Elect Laura S. Unger | Mgmt | For | For | For | |||
13 | Ratification of Auditor | Mgmt | For | For | For | |||
14 | Advisory Vote on Executive Compensation | Mgmt | For | Against | Against | |||
15 | Frequency of Advisory Vote on Executive Compensation | Mgmt | 1 Year | 1 Year | For | |||
Eldorado Resorts Inc | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
ERI | CUSIP 28470R102 | 01/25/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Special | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1 | Merger/Acquisition | Mgmt | For | For | For | |||
2 | Right to Adjourn Meeting | Mgmt | For | For | For | |||
Eldorado Resorts Inc | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
ERI | CUSIP 28470R102 | 06/14/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Annual | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1.1 | Elect Gary L. Carano | Mgmt | For | For | For | |||
1.2 | Elect Frank J. Fahrenkopf, Jr. | Mgmt | For | For | For | |||
1.3 | Elect James B. Hawkins | Mgmt | For | Withhold | Against | |||
1.4 | Elect Michael E. Pegram | Mgmt | For | For | For | |||
1.5 | Elect Thomas R. Reeg | Mgmt | For | For | For | |||
1.6 | Elect David P. Tomick | Mgmt | For | For | For | |||
1.7 | Elect Roger P. Wagner | Mgmt | For | For | For | |||
1.8 | Elect Bonnie Biumi | Mgmt | For | For | For | |||
1.9 | Elect Gregory J. Kozicz | Mgmt | For | For | For | |||
2 | Ratification of Auditor | Mgmt | For | For | For | |||
3 | Advisory Vote on Executive Compensation | Mgmt | For | For | For | |||
Gaming And Leisure Properties, Inc. | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
GLPI | CUSIP 36467J108 | 06/15/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Annual | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1.1 | Elect Joseph W. Marshall, III | Mgmt | For | For | For | |||
1.2 | Elect E. Scott Urdang | Mgmt | For | For | For | |||
1.3 | Elect Earl C. Shanks | Mgmt | For | For | For | |||
1.4 | Elect James B. Perry | Mgmt | For | For | For | |||
2 | Ratification of Auditor | Mgmt | For | For | For | |||
3 | Advisory Vote on Executive Compensation | Mgmt | For | For | For | |||
4 | Frequency of Advisory Vote on Executive Compensation | Mgmt | 1 Year | 1 Year | For | |||
5 | Shareholder Proposal Regarding Majority Vote for Election of Directors | ShrHoldr | Against | For | Against | |||
General Motors Co. | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
GM | CUSIP 37045V100 | 06/06/2017 | Take No Action | |||||
Meeting Type | Country of Trade | |||||||
Proxy Contest | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1.1 | Elect Leo Hindery, Jr. | Mgmt | N/A | TNA | N/A | |||
1.2 | Elect Vinit Sethi | Mgmt | N/A | TNA | N/A | |||
1.3 | Elect William N. Thorndike, Jr. | Mgmt | N/A | TNA | N/A | |||
1.4 | Elect Management Nominee Joseph J. Ashton | Mgmt | N/A | TNA | N/A | |||
1.5 | Elect Management Nominee Mary T. Barra | Mgmt | N/A | TNA | N/A | |||
1.6 | Elect Management Nominee Linda R. Gooden | Mgmt | N/A | TNA | N/A | |||
1.7 | Elect Management Nominee Joseph Jimenez | Mgmt | N/A | TNA | N/A | |||
1.8 | Elect Management Nominee James J. Mulva | Mgmt | N/A | TNA | N/A | |||
1.9 | Elect Management Nominee Patricia F. Russo | Mgmt | N/A | TNA | N/A | |||
1.10 | Elect Management Nominee Thomas M. Schoewe | Mgmt | N/A | TNA | N/A | |||
1.11 | Elect Management Nominee Theodore M. Solso | Mgmt | N/A | TNA | N/A | |||
2 | Advisory Vote on Executive Compensation | Mgmt | N/A | TNA | N/A | |||
3 | Approval of the 2017 Short-Term Incentive Plan | Mgmt | N/A | TNA | N/A | |||
4 | Approval of the 2017 Long-Term Incentive Plan | Mgmt | N/A | TNA | N/A | |||
5 | Ratification of Auditor | Mgmt | N/A | TNA | N/A | |||
6 | Shareholder Proposal Regarding Independent Board Chair | ShrHoldr | N/A | TNA | N/A | |||
7 | Shareholder Proposal Regarding Creation of Dual Class Equity Structure | ShrHoldr | N/A | TNA | N/A | |||
General Motors Co. | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
GM | CUSIP 37045V100 | 06/06/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Proxy Contest | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1.1 | Elect Joseph J. Ashton | Mgmt | For | For | For | |||
1.2 | Elect Mary T. Barra | Mgmt | For | For | For | |||
1.3 | Elect Linda R. Gooden | Mgmt | For | For | For | |||
1.4 | Elect Joseph Jimenez | Mgmt | For | For | For | |||
1.5 | Elect Jane L. Mendillo | Mgmt | For | For | For | |||
1.6 | Elect Michael G. Mullen | Mgmt | For | For | For | |||
1.7 | Elect James J. Mulva | Mgmt | For | For | For | |||
1.8 | Elect Patricia F. Russo | Mgmt | For | For | For | |||
1.9 | Elect Thomas M. Schoewe | Mgmt | For | For | For | |||
1.10 | Elect Theodore M. Solso | Mgmt | For | For | For | |||
1.11 | Elect Carol M. Stephenson | Mgmt | For | For | For | |||
2 | Advisory Vote on Executive Compensation | Mgmt | For | For | For | |||
3 | Approval of the 2017 Short-Term Incentive Plan | Mgmt | For | For | For | |||
4 | Approval of the 2017 Long-Term Incentive Plan | Mgmt | For | For | For | |||
5 | Ratification of Auditor | Mgmt | For | For | For | |||
6 | Shareholder Proposal Regarding Independent Board Chair | ShrHoldr | Against | For | Against | |||
7 | Shareholder Proposal Regarding Creation of Dual Class Equity Structure | ShrHoldr | Against | Against | For | |||
Halcon Resources Corp | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
HK | CUSIP 40537Q605 | 05/04/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Annual | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1.1 | Elect Thomas R. Fuller | Mgmt | For | For | For | |||
1.2 | Elect Floyd C. Wilson | Mgmt | For | For | For | |||
2 | Advisory Vote on Executive Compensation | Mgmt | For | Against | Against | |||
3 | Frequency of Advisory Vote on Executive Compensation | Mgmt | 3 Years | 1 Year | Against | |||
4 | Ratification of Auditor | Mgmt | For | Against | Against | |||
Live Nation Entertainment, Inc. | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
LYV | CUSIP 538034109 | 06/06/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Annual | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1 | Elect Mark D. Carleton | Mgmt | For | For | For | |||
2 | Elect Jonathan L. Dolgen | Mgmt | For | For | For | |||
3 | Elect Ariel Z. Emanuel | Mgmt | For | For | For | |||
4 | Elect R. Ted Enloe, III | Mgmt | For | For | For | |||
5 | Elect Jeffrey T. Hinson | Mgmt | For | For | For | |||
6 | Elect Jimmy Iovine | Mgmt | For | For | For | |||
7 | Elect Peggy Johnson | Mgmt | For | For | For | |||
8 | Elect James S. Kahan | Mgmt | For | For | For | |||
9 | Elect Gregory B. Maffei | Mgmt | For | For | For | |||
10 | Elect Randall T. Mays | Mgmt | For | For | For | |||
11 | Elect Michael Rapino | Mgmt | For | For | For | |||
12 | Elect Mark S. Shapiro | Mgmt | For | For | For | |||
13 | Advisory Vote on Executive Compensation | Mgmt | For | For | For | |||
14 | Frequency of Advisory Vote on Executive Compensation | Mgmt | 3 Years | 1 Year | Against | |||
15 | Ratification of Auditor | Mgmt | For | For | For | |||
Lone Pine Resources Inc. | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
LPRIQ | ISIN US54222A1060 | 09/08/2016 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Special | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1 | To Approve and Adopt the Agreement and Plan of Merger | Mgmt | For | For | For | |||
SandRidge Energy, Inc. | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
SD | CUSIP 80007P869 | 06/15/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Annual | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1 | Elect James D. Bennett | Mgmt | For | For | For | |||
2 | Elect Michael L. Bennett | Mgmt | For | For | For | |||
3 | Elect John V. Genova | Mgmt | For | For | For | |||
4 | Elect William M. Griffin | Mgmt | For | For | For | |||
5 | Elect David J. Kornder | Mgmt | For | For | For | |||
6 | Ratification of Auditor | Mgmt | For | For | For | |||
7 | Advisory Vote on Executive Compensation | Mgmt | For | For | For | |||
8 | Frequency of Advisory Vote on Executive Compensation | Mgmt | 1 Year | 1 Year | For | |||
Seventy Seven Energy Inc | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
SVNT | CUSIP 81809A100 | 04/20/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Special | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1 | Merger/Acquisition | Mgmt | For | Abstain | Against | |||
2 | Advisory Vote on Golden Parachutes | Mgmt | For | Abstain | Against | |||
3 | Right to Adjourn Meeting | Mgmt | For | Abstain | Against | |||
Tervita Corporation | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
CCR-U | CUSIP 88156LAF7 | 11/30/2016 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Special | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1 | Resolution Of The Unsecured Noteholders | Mgmt | For | For | For | |||
Vantage Drilling Co | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
VTGDF | CUSIP G9325C113 | 08/04/2016 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Special | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1 | Misc. Article Amendments | Mgmt | For | Against | Against | |||
Vistra Energy Corp | ||||||||
Ticker | Security ID: | Meeting Date | Meeting Status | |||||
VSTE | CUSIP 92840M102 | 05/16/2017 | Voted | |||||
Meeting Type | Country of Trade | |||||||
Annual | United States | |||||||
Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |||
1.1 | Elect Gavin R. Baiera | Mgmt | For | For | For | |||
1.2 | Elect Curtis A. Morgan | Mgmt | For | For | For | |||
2 | Advisory Vote on Executive Compensation | Mgmt | For | For | For | |||
3 | Ratification of Auditor | Mgmt | For | For | For |
Any ballot marked 'Abstain' is considered to have been voted. Ballots marked 'Abstain' are considered to have been voted against management's recommendation if management's recommendation is 'For' or 'Against,' and for management's recommendation if management's recommendation is 'Abstain.' Where management has recommended that shareholders 'Abstain' from voting on a ballot item, a ballot marked 'For' or 'Against' is considered to have been voted against management's recommendation to 'Abstain.' | ||
Where management has made no recommendation on a ballot item, 'N/A' is used to indicate that there is no management recommendation that a shareholder may vote 'For' or 'Against.' | ||
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: | Putnam High Yield Trust | |
By: | /s/ Jonathan S. Horwitz | |
Name: | Jonathan S. Horwitz | |
Title: | Executive Vice President, Principal Executive Officer and Compliance Liaison | |
Date: | August 16, 2017 | |