Franklin High Income Trust N-PX Annual report of proxy voting record

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 811-01608   

Franklin High Income Trust

(Exact name of registrant as specified in charter)

One Franklin Parkway, San Mateo, CA 94403-1906

(Address of principal executive offices) (Zip code)

Craig S. Tyle, One Franklin Parkway, San Mateo, CA 94403-1906

(Name and address of agent for service)

Registrant's telephone number, including area code:  (650) 312-2000    

Date of fiscal year end:      5/31       

Date of reporting period:   6/30/17      

Item 1. Proxy Voting Records.

ENERGY XXI GULF COAST, INC. Meeting Date:  MAY 10, 2017 Record Date:  APR 10, 2017 Meeting Type:  ANNUAL
Ticker:  EXXI Security ID:  29276K101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Michael S. Bahorich	Management	For	For
1.2	Elect Director Douglas E. Brooks	Management	For	For
1.3	Elect Director George Kollitides	Management	For	For
1.4	Elect Director Michael S. Reddin	Management	For	For
1.5	Elect Director Stanford Springel	Management	For	For
1.6	Elect Director James W. Swent, III	Management	For	For
1.7	Elect Director Charles W. Wampler	Management	For	For
2	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
3	Advisory Vote on Say on Pay Frequency	Management	One Year	One Year
4	Ratify Ernst & Young LLP as Auditors	Management	For	For

GOODRICH PETROLEUM CORPORATION Meeting Date:  MAY 23, 2017 Record Date:  APR 07, 2017 Meeting Type:  ANNUAL
Ticker:  GDP Security ID:  382410843
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Steven J. Pully	Management	For	For
1.2	Elect Director Timothy D. Leuliette	Management	For	For
2	Ratify Hein & Associates LLP as Auditors	Management	For	For
3	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
4	Advisory Vote on Say on Pay Frequency	Management	One Year	One Year
5	Amend Omnibus Stock Plan	Management	For	For

HALCON RESOURCES CORPORATION Meeting Date:  MAY 04, 2017 Record Date:  MAR 14, 2017 Meeting Type:  ANNUAL
Ticker:  HK Security ID:  40537Q605
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Thomas R. Fuller	Management	For	For
1.2	Elect Director Floyd C. Wilson	Management	For	For
2	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
3	Advisory Vote on Say on Pay Frequency	Management	Three Years	Three Years
4	Ratify Deloitte & Touche LLP as Auditors	Management	For	For

MIDSTATES PETROLEUM COMPANY, INC. Meeting Date:  MAY 24, 2017 Record Date:  APR 18, 2017 Meeting Type:  ANNUAL
Ticker:  MPO Security ID:  59804T407
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Frederic F. Brace	Management	For	For
1.2	Elect Director Alan J. Carr	Management	For	For
1.3	Elect Director Patrice D. Douglas	Management	For	For
1.4	Elect Director Neal P. Goldman	Management	For	For
1.5	Elect Director Michael S. Reddin	Management	For	For
1.6	Elect Director Todd R. Snyder	Management	For	For
1.7	Elect Director Bruce H. Vincent	Management	For	For
2	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	Against
3	Ratify Grant Thornton LLP as Auditors	Management	For	For

PENN VIRGINIA CORPORATION Meeting Date:  MAY 03, 2017 Record Date:  MAR 17, 2017 Meeting Type:  ANNUAL
Ticker:  PVAC Security ID:  70788V102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Harry Quarls	Management	For	For
1.2	Elect Director Darin G. Holderness	Management	For	For
1.3	Elect Director Marc McCarthy	Management	For	For
1.4	Elect Director Jerry R. Schuyler	Management	For	For
2	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
3	Advisory Vote on Say on Pay Frequency	Management	One Year	One Year
4	Ratify Grant Thornton LLP as Auditors	Management	For	For

PENN VIRGINIA CORPORATION Meeting Date:  MAY 03, 2017 Record Date:  MAR 17, 2017 Meeting Type:  ANNUAL
Ticker:  PVAC Security ID:  70788V300
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Harry Quarls	Management	For	For
1.2	Elect Director Darin G. Holderness	Management	For	For
1.3	Elect Director Marc McCarthy	Management	For	For
1.4	Elect Director Jerry R. Schuyler	Management	For	For
2	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
3	Advisory Vote on Say on Pay Frequency	Management	One Year	One Year
4	Ratify Grant Thornton LLP as Auditors	Management	For	For

VERSO CORPORATION Meeting Date:  MAY 12, 2017 Record Date:  APR 06, 2017 Meeting Type:  ANNUAL
Ticker:  VRS Security ID:  92531L207
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Robert M. Amen	Management	For	For
1.2	Elect Director Alan J. Carr	Management	For	For
1.3	Elect Director Eugene I. Davis	Management	For	For
1.4	Elect Director B. Christopher DiSantis	Management	For	For
1.5	Elect Director Jerome L. Goldman	Management	For	For
1.6	Elect Director Steven D. Scheiwe	Management	For	For
1.7	Elect Director Jay Shuster	Management	For	For
2	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
3	Advisory Vote on Say on Pay Frequency	Management	One Year	One Year
4	Ratify Deloitte & Touche LLP as Auditors	Management	For	For

VISTRA ENERGY CORP. Meeting Date:  MAY 16, 2017 Record Date:  MAR 24, 2017 Meeting Type:  ANNUAL
Ticker:  VST Security ID:  92840M102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Gavin R. Baiera	Management	For	For
1.2	Elect Director Curtis A. Morgan	Management	For	For
2	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
3	Ratify Deloitte & Touche LLP as Auditors	Management	For	For

W&T OFFSHORE, INC. Meeting Date:  MAY 03, 2017 Record Date:  MAR 13, 2017 Meeting Type:  ANNUAL
Ticker:  WTI Security ID:  92922P106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1A	Elect Director Virginia Boulet	Management	For	For
1B	Elect Director Stuart B. Katz	Management	For	For
1C	Elect Director Tracy W. Krohn	Management	For	For
1D	Elect Director S. James Nelson, Jr.	Management	For	For
1E	Elect Director B. Frank Stanley	Management	For	For
2	Amend Omnibus Stock Plan	Management	For	For
3	Amend Omnibus Stock Plan	Management	For	For
4	Ratify Ernst & Young LLP as Auditors	Management	For	For
5	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
6	Advisory Vote on Say on Pay Frequency	Management	Three Years	One Year

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) Franklin High Income Trust________________________________

By (Signature and Title)* /s/Matthew T. Hinkle

Matthew T. Hinkle,

Chief Executive Officer – Finance and Administration

Date August 28, 2017   

* Print the name and title of each signing officer under his or her signature.