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: 811-2849
Exact name of registrant as specified in charter: Oppenheimer High Yield Fund
Address of principal executive offices: 6803 South Tucson Way
Centennial, CO 80112
Name and address of agent for service: Two World Financial Center
225 Liberty Street
New York, NY 10281-1008
Registrant's telephone number, including area code: 303-768-3200
Date of fiscal year end: 6/30
Date of reporting period: 07/01/2006-06/30/2007
Item 1. Proxy Voting Record
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-02849
Reporting Period: 07/01/2006 - 06/30/2007
Oppenheimer High Yield Fund
========================= OPPENHEIMER HIGH YIELD FUND ==========================
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848AP0
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: MAY 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 POTENTIAL ARAHOVA SETTLEMENT None Did Not Management
Vote
2 POTENTIAL FRONTIERVISION HOLDCO None Did Not Management
SETTLEMENT Vote
3 POTENTIAL OLYMPUS PARENT SETTLEMENT None Did Not Management
Vote
4 INTER-CREDITOR DISPUTE HOLDBACK None Did Not Management
Vote
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848AU9
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: MAY 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 POTENTIAL ARAHOVA SETTLEMENT None Did Not Management
Vote
2 POTENTIAL FRONTIERVISION HOLDCO None Did Not Management
SETTLEMENT Vote
3 POTENTIAL OLYMPUS PARENT SETTLEMENT None Did Not Management
Vote
4 INTER-CREDITOR DISPUTE HOLDBACK None Did Not Management
Vote
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848AW5
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: MAY 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 POTENTIAL ARAHOVA SETTLEMENT None Did Not Management
Vote
2 POTENTIAL FRONTIERVISION HOLDCO None Did Not Management
SETTLEMENT Vote
3 POTENTIAL OLYMPUS PARENT SETTLEMENT None Did Not Management
Vote
4 INTER-CREDITOR DISPUTE HOLDBACK None Did Not Management
Vote
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848BF1
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: MAY 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 POTENTIAL ARAHOVA SETTLEMENT None Did Not Management
Vote
2 POTENTIAL FRONTIERVISION HOLDCO None Did Not Management
SETTLEMENT Vote
3 POTENTIAL OLYMPUS PARENT SETTLEMENT None Did Not Management
Vote
4 INTER-CREDITOR DISPUTE HOLDBACK None Did Not Management
Vote
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848BJ3
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: MAY 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 POTENTIAL ARAHOVA SETTLEMENT None Did Not Management
Vote
2 POTENTIAL FRONTIERVISION HOLDCO None Did Not Management
SETTLEMENT Vote
3 POTENTIAL OLYMPUS PARENT SETTLEMENT None Did Not Management
Vote
4 INTER-CREDITOR DISPUTE HOLDBACK None Did Not Management
Vote
- --------------------------------------------------------------------------------
ALAMOSA (DELAWARE), INC.
Ticker: Security ID: 011588AE0
Meeting Date: AUG 25, 2006 Meeting Type: Written Consent
Record Date: AUG 7, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 PROPOSAL AMENDMENT None Did Not Management
Vote
- --------------------------------------------------------------------------------
ALAMOSA (DELAWARE), INC.
Ticker: Security ID: 011588AH3
Meeting Date: AUG 25, 2006 Meeting Type: Written Consent
Record Date: AUG 7, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 PROPOSAL AMENDMENT None Did Not Management
Vote
- --------------------------------------------------------------------------------
INLAND FIBER GROUP, INC
Ticker: Security ID: 45734SAA4
Meeting Date: NOV 2, 2006 Meeting Type: Written Consent
Record Date: SEP 25, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE FIRST AMENDED JOINT PLAN OF For For Management
REORGANIZATION
- --------------------------------------------------------------------------------
IPCS INC.
Ticker: IPCS Security ID: 44980Y305
Meeting Date: SEP 28, 2006 Meeting Type: Annual
Record Date: AUG 23, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Timothy M. Yager For For Management
1.2 Elect Director Timothy G. Biltz For For Management
1.3 Elect Director Jeffrey W. Jones For For Management
1.4 Elect Director Robert A. Katz For For Management
1.5 Elect Director Ryan L. Langdon For For Management
1.6 Elect Director Richard S. Parisi For For Management
1.7 Elect Director Kevin M. Roe For For Management
2 Amend Omnibus Stock Plan For For Management
3 Amend Omnibus Stock Plan For For Management
4 Ratify Auditors For For Management
- --------------------------------------------------------------------------------
NEXTEL PARTNERS, INC.
Ticker: Security ID: 65333FAR8
Meeting Date: NOV 2, 2006 Meeting Type: Written Consent
Record Date: SEP 29, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE ADOPTION OF CERTAIN PROPOSED None Did Not Management
AMENDMENTS TO THE INDENTURES. Vote
- --------------------------------------------------------------------------------
UBIQUITEL OPERATING COMPANY
Ticker: Security ID: 90348AAG4
Meeting Date: NOV 2, 2006 Meeting Type: Written Consent
Record Date: SEP 29, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE ADOPTION OF CERTAIN PROPOSED None Did Not Management
AMENDMENTS TO THE INDENTURES. Vote
========== 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): Oppenheimer High Yield Fund
By (Signature and Title)*: /s/ John V. Murphy
------------------
John V. Murphy, President
Date: August 17, 2007
*By: /s/ Randy Legg
--------------
Randy Legg, Attorney in Fact
