 |
| High Yield Fund | 07/01/2012 to 06/30/2013 |
| ICA File Number: 811-04119 |
| Registrant Name: T. Rowe Price High Yield Fund, Inc. |
| Reporting Period: 07/01/2012 - 06/30/2013 |
| FORM N-PX |
| ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT |
| INVESTMENT COMPANY |
| Investment Company Act file number 811-4119 |
| T. Rowe Price High Yield Fund, Inc. |
| (Exact name of registrant as specified in charter) |
| 100 East Pratt Street Baltimore, Maryland 21202 |
| (Address of principal executive offices) |
| Edward C. Bernard |
| 100 East Pratt Street |
| Baltimore, Maryland 21202 |
| (Name and address of agent for service) |
| Registrant’s telephone number, including area code: (410) 345-3577 |
| Date of fiscal year end: 5/31 |
| Date of reporting period: 07/01/2012 to 06/30/2013 |
| 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 High Yield Fund, Inc. |
| By (Signature and Title) /s/ Edward C. Bernard |
| Edward C. Bernard, Chairman of the Board - T. Rowe Price Funds |
| Date August 30, 2013 |
High Yield Fund
| ADFITECH INC. 8.00% NOTES DUE MARCH 15, 2020 Meeting Date: MAY 02, 2013 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 00687BAA3 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Tender and Consent in order to receive the consideration of 800.00 USD per 1,000 USD P/A. Holders will receive accrued and unpaid interest up to, but excluding, the settlement date. This option may be subject to proration. | Management | N/A | YES |
| AMERICAN TOWER CORPORATION Meeting Date: MAY 21, 2013 Record Date: MAR 26, 2013 Meeting Type: ANNUAL | ||||
| Ticker: AMT Security ID: 03027X100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1a | Elect Director Raymond P. Dolan | Management | For | For |
| 1b | Elect Director Ronald M. Dykes | Management | For | For |
| 1c | Elect Director Carolyn F. Katz | Management | For | For |
| 1d | Elect Director Gustavo Lara Cantu | Management | For | For |
| 1e | Elect Director JoAnn A. Reed | Management | For | For |
| 1f | Elect Director Pamela D.A. Reeve | Management | For | For |
| 1g | Elect Director David E. Sharbutt | Management | For | For |
| 1h | Elect Director James D. Taiclet, Jr. | Management | For | For |
| 1i | Elect Director Samme L. Thompson | Management | For | For |
| 2 | Ratify Auditors | Management | For | For |
| 3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| 4 | Amend Right to Call Special Meeting | Management | For | For |
| AMERISTAR CASINOS INC. 7.5% NOTES DUE APRIL 15, 2021 Meeting Date: MAR 18, 2013 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 03070QAN1 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Consent in favor of the proposed amendments to receive 19.00 USD per 1,000.00 USD P/A | Management | N/A | YES |
| AOL INC. Meeting Date: MAY 03, 2013 Record Date: MAR 07, 2013 Meeting Type: ANNUAL | ||||
| Ticker: AOL Security ID: 00184X105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | Elect Director Tim Armstrong | Management | For | For |
| 1.2 | Elect Director Richard Dalzell | Management | For | For |
| 1.3 | Elect Director Alberto Ibarguen | Management | For | For |
| 1.4 | Elect Director Hugh F. Johnston | Management | For | For |
| 1.5 | Elect Director Dawn G. Lepore | Management | For | For |
| 1.6 | Elect Director Patricia Mitchell | Management | For | For |
| 1.7 | Elect Director Fredric Reynolds | Management | For | For |
| 1.8 | Elect Director James Stengel | Management | For | For |
| 2 | Ratify Auditors | Management | For | For |
| 3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| 4 | Adopt NOL Rights Plan (NOL Pill) | Management | For | Against |
| ARES CAPITAL CORPORATION Meeting Date: JUN 04, 2013 Record Date: APR 11, 2013 Meeting Type: ANNUAL | ||||
| Ticker: ARCC Security ID: 04010L103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | Elect Director Frank E. O'Bryan | Management | For | For |
| 1.2 | Elect Director Antony P. Ressler | Management | For | For |
| 1.3 | Elect Director Eric B. Siegel | Management | For | For |
| 2 | Ratify Auditors | Management | For | For |
| 3 | Approve Issuance of Shares Below Net Asset Value (NAV) | Management | For | Against |
| BWAY HOLDINGS 10% NOTES DUE JUNE 15, 2018 Meeting Date: OCT 09, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 12429TAB0 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Consent Payment of 2.50 USD per 1,000.00 USD P/A. | Management | N/A | NO |
| CEDC 8.875% 144A NOTES DUE DECEMBER 1, 2016 Meeting Date: AUG 07, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 15080B9A6 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Tender notes at specified purchase price between 600.00 EUR per 1,000 EUR P/A and 850.00 EUR per 1,000 EUR P/A, in increments of 10.00 EUR per 1,000 EUR P/A. | Management | N/A | NO |
| CEDC 9.125% NOTES DUE DECEMBER 1, 2016 Meeting Date: AUG 06, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 15080BAA4 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Consent in favor of the proposed amendments to receive TBD USD per 1,000.00 USD P/A | Management | N/A | NO |
| CEDC FIN CO 8.875% 144A NOTES DUE DECEMBER 1, 2016 Meeting Date: MAR 12, 2013 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 15080B9A6 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Consent in favor of the proposed amendments to receive TBD USD per 1,000.00 USD P/A | Management | N/A | NO |
| CEDC FIN CO 9.125% 144A NOTES DUE DECEMBER 1, 2016 Meeting Date: MAR 12, 2013 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 15080BAA4 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Consent in favor of the proposed amendments to receive TBD USD per 1,000.00 USD P/A | Management | N/A | NO |
| CEQUEL COMMUNICATIONS 8.625% DUE NOVEMBER 15, 2017 Meeting Date: JUL 26, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 15672WAA2 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Consent Payment of 5.00 USD per 1,000.00 USD P/A of Notes held if the requisite consent is met. | Management | N/A | YES |
| CHARTER COMMUNICATIONS, INC. Meeting Date: APR 30, 2013 Record Date: MAR 01, 2013 Meeting Type: ANNUAL | ||||
| Ticker: CHTR Security ID: 16117M305 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | Elect Director W. Lance Conn | Management | For | Withhold |
| 1.2 | Elect Director Darren Glatt | Management | For | For |
| 1.3 | Elect Director Craig A. Jacobson | Management | For | For |
| 1.4 | Elect Director Bruce A. Karsh | Management | For | For |
| 1.5 | Elect Director Edgar Lee | Management | For | For |
| 1.6 | Elect Director Jeffrey A. Marcus | Management | For | For |
| 1.7 | Elect Director John D. Markley, Jr. | Management | For | For |
| 1.8 | Elect Director David C. Merritt | Management | For | For |
| 1.9 | Elect Director Stan Parker | Management | For | For |
| 1.10 | Elect Director Thomas M. Rutledge | Management | For | For |
| 1.11 | Elect Director Eric L. Zinterhofer | Management | For | For |
| 2 | Amend Omnibus Stock Plan | Management | For | Against |
| 3 | Ratify Auditors | Management | For | For |
| COMMUNITY HEALTH SYSTEMS 8.875% NOTES DUE JULY 15, 2015 Meeting Date: JUL 09, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 12543DAF7 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Tender and Consent prior to early tender deadline | Management | N/A | YES |
| CROWN CASTLE INTERNATIONAL CORP. Meeting Date: MAY 23, 2013 Record Date: MAR 25, 2013 Meeting Type: ANNUAL | ||||
| Ticker: CCI Security ID: 228227104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1a | Elect Director Edward C. Hutcheson, Jr. | Management | For | For |
| 1b | Elect Director J. Landis Martin | Management | For | For |
| 1c | Elect Director W. Benjamin Moreland | Management | For | For |
| 2 | Ratify Auditors | Management | For | For |
| 3 | Approve Omnibus Stock Plan | Management | For | For |
| 4 | Declassify the Board of Directors | Management | For | For |
| 5 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| DELTA AIR LINES 12.25% 144A NOTES DUE MARCH 15, 2015 Meeting Date: OCT 03, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 247361ZE1 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive Total Consideration of 1,095.00 per USD 1,000 P/A which includes consent payment of USD 30.00 per USD 1,000 P/A. Holders will also receive accrued and unpaid interest up to but not including the settlement date. | Management | N/A | YES |
| DELTA AIR LINES SECURED 9.5% 144A NOTES DUE SEPTEMBER 15, 2014 Meeting Date: OCT 03, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 247361ZC5 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive Total Consideration of USD 1,052.50 for 9.5 percent Notes, which includes Early Tender Payment of USD 30.00 per USD 1,000.00 principal amount of Notes. | Management | N/A | YES |
| DELTA AIR LINES, INC. Meeting Date: JUN 27, 2013 Record Date: MAY 03, 2013 Meeting Type: ANNUAL | ||||
| Ticker: DAL Security ID: 247361702 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1a | Elect Director Richard H. Anderson | Management | For | For |
| 1b | Elect Director Edward H. Bastian | Management | For | For |
| 1c | Elect Director Roy J. Bostock | Management | For | Against |
| 1d | Elect Director John S. Brinzo | Management | For | For |
| 1e | Elect Director Daniel A. Carp | Management | For | For |
| 1f | Elect Director David G. DeWalt | Management | For | For |
| 1g | Elect Director William H. Easter, III | Management | For | For |
| 1h | Elect Director Mickey P. Foret | Management | For | For |
| 1i | Elect Director Shirley C. Franklin | Management | For | For |
| 1j | Elect Director David R. Goode | Management | For | For |
| 1k | Elect Director George N. Mattson | Management | For | For |
| 1l | Elect Director Paula Rosput Reynolds | Management | For | For |
| 1m | Elect Director Kenneth C. Rogers | Management | For | For |
| 1n | Elect Director Kenneth B. Woodrow | Management | For | For |
| 2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| 3 | Ratify Auditors | Management | For | For |
| 4 | Stock Retention/Holding Period | Shareholder | Against | Against |
| FRAC TECH SVCS COMPANY GUAR 8.125% NOTES DUE NOVEMBER 15, 2018 Meeting Date: JUL 10, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 35168XAA9 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Consent Payment of 20.00 USD per 1,000.00 USD P/A of Notes held if the requisite consent is met. | Management | N/A | NO |
| GARDA WORLD SECURITY 9.75% NOTES DUE MARCH 15, 2017 Meeting Date: OCT 04, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 36485MAA7 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Consent Payment of 2.50 USD per 1,000.00 USD P/A of Notes | Management | N/A | YES |
| GOODMAN NETWORK INC 12.125% NOTES DUE JULY 1, 2018 Meeting Date: MAY 03, 2013 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 38239HAA3 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Vote AGAINST the Proposed Amendments. All Holders will receive the Consent Fee, regardless of their vote, IF the Requisite Consent is received. | Management | N/A | YES |
| HUB INTL HOLDINGS 10.25% NOTES DUE JUNE 15, 2015 Meeting Date: SEP 05, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 44332LAC4 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive Total Consideration of USD 1,030.63 per USD 1,000 P/A which includes early tender payment of USD 50.00 per USD 1,000 P/A. | Management | N/A | YES |
| HUB INTL HOLDINGS 9.0% NOTES DUE DECEMBER 15, 2014 Meeting Date: SEP 05, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 44332LAB6 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Total Consideration of USD 1,026.25 per USD 1,000 P/A which includes the early tender payment of USD 50.00 per USD 1,000 P/A. | Management | N/A | YES |
| INERGY MID. LP FIN. CORP. 6.00% NOTES DUE DECEMBER 15, 2013 Meeting Date: MAY 15, 2013 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 45671XAA8 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Consent to the proposed Amendments in order to receive 1.00 USD per 1,000.00 USD P/A | Management | N/A | YES |
| KANSAS CITY SOUTHERN DE MEXICO SA 6.625% NOTES DUE DECEMBER 15, 2020 Meeting Date: APR 12, 2013 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 485161AK9 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Tender and Consent prior to the Early Tender Date in order to receive the Total Consideration of TBD USD per 1,000 USD P/A, which includes the Early Tender Premium of 30.00 USD per 1,000 USD P/A held. | Management | N/A | YES |
| LIBERTY GLOBAL, INC. Meeting Date: JUN 03, 2013 Record Date: APR 30, 2013 Meeting Type: SPECIAL | ||||
| Ticker: LBTYA Security ID: 530555101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Issue Shares in Connection with Acquisition | Management | For | For |
| 2 | Approve Merger Agreement | Management | For | For |
| 3 | Adjourn Meeting | Management | For | For |
| MINERVA LUXEMBOURG SA 12.25% 144A NOTES DUE FEBRUARY 10, 2022 Meeting Date: JAN 14, 2013 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 603374AA7 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Tender and Consent prior to the Early Tender Date in order to receive the Total Consideration of 1,262.50 per 1,000 USD P/A, which includes the Early Tender Premium of 30.00 USD per 1,000 USD P/A held. | Management | N/A | NO |
| NUVEEN INVESTMENTS INC, 10.5% NOTES DUE NOVEMBER 15, 2015 Meeting Date: SEP 06, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 67090FAD8 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Total Consideration of USD 1,042.45 per USD 1,000 P/A which includes the early tender payment of USD 20.00 per USD 1,000 P/A. | Management | N/A | YES |
| PBF ENERGY INC. Meeting Date: MAY 21, 2013 Record Date: MAR 25, 2013 Meeting Type: ANNUAL | ||||
| Ticker: PBF Security ID: 69318G106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | Elect Director Thomas D. O'Malley | Management | For | For |
| 1.2 | Elect Director Spencer Abraham | Management | For | For |
| 1.3 | Elect Director Jefferson F. Allen | Management | For | For |
| 1.4 | Elect Director Martin J. Brand | Management | For | For |
| 1.5 | Elect Director Timothy H. Day | Management | For | Against |
| 1.6 | Elect Director David I. Foley | Management | For | Against |
| 1.7 | Elect Director Dennis M. Houston | Management | For | For |
| 1.8 | Elect Director Edward F. Kosnik | Management | For | For |
| 1.9 | Elect Director Neil A. Wizel | Management | For | For |
| 2 | Ratify 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 | Three Years | One Year |
| R & R ICE CREAM PLC (144A) 8.375% NOTES DUE NOVEMBER 15, 2017 Meeting Date: MAY 09, 2013 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 7491799B5 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Consent in favor of the proposed amendments to receive 5.00 EUR per EUR 1,000.00 P/A | Management | N/A | YES |
| RANGE RESOURCES CORPORATION Meeting Date: MAY 22, 2013 Record Date: MAR 26, 2013 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 Jonathan S. Linker | Management | For | For |
| 1f | Elect Director Mary Ralph Lowe | Management | For | For |
| 1g | Elect Director Kevin S. McCarthy | Management | For | For |
| 1h | Elect Director John H. Pinkerton | Management | For | For |
| 1i | Elect Director Jeffrey L. Ventura | Management | For | For |
| 2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| 3 | Ratify Auditors | Management | For | For |
| 4 | Report on Methane Emissions | Shareholder | Against | Against |
| REALOGY HOLDINGS CORP. Meeting Date: MAY 07, 2013 Record Date: MAR 14, 2013 Meeting Type: ANNUAL | ||||
| Ticker: RLGY Security ID: 75605Y106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | Elect Director V. Ann Hailey | Management | For | Withhold |
| 1.2 | Elect Director M. Ali Rashid | Management | For | Withhold |
| 1.3 | Elect Director Brett White | Management | For | For |
| 2 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | Against |
| 3 | Advisory Vote on Say on Pay Frequency | Management | One Year | One Year |
| 4 | Ratify Auditors | Management | For | For |
| RITE AID CORPORATION Meeting Date: JUN 20, 2013 Record Date: APR 29, 2013 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 Francois J. Coutu | Management | For | For |
| 1e | Elect Director David R. Jessick | Management | For | For |
| 1f | Elect Director Michael N. Regan | Management | For | For |
| 1g | Elect Director Marcy Syms | Management | For | For |
| 2 | Ratify Auditors | Management | For | For |
| 3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| 4 | Adopt Anti Gross-up Policy | Shareholder | Against | For |
| 5 | Consider Stockholder Proposal Relating to the Relationships of Directors | Shareholder | Against | Against |
| RYERSON HOLDING CORP NOTES DUE FEBRUARY 1, 2015 Meeting Date: SEP 27, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 783754AB0 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive Total Consideration of USD 714.18 per USD 1,000 P/A which includes the early tender payment of USD 30.00 per USD 1,000 P/A. Holders will also receive accrued and unpaid interest up to but not including the early settlement date. | Management | N/A | YES |
| SMURFIT KAPPA GROUP PLC Meeting Date: MAY 03, 2013 Record Date: MAY 01, 2013 Meeting Type: ANNUAL | ||||
| Ticker: SK3 Security ID: G8248F104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Accept Financial Statements and Statutory Reports | Management | For | For |
| 2 | Approve Remuneration Report | Management | For | For |
| 3 | Approve Final Dividend | Management | For | For |
| 4 | Elect Christel Bories a Director | Management | For | For |
| 5a | Re-elect Liam O'Mahony as Director | Management | For | For |
| 5b | Re-elect Gary McGann as Director | Management | For | For |
| 5c | Re-elect Anthony Smurfit as Director | Management | For | For |
| 5d | Re-elect Ian Curley as Director | Management | For | For |
| 5e | Re-elect Frits Beurskens as Director | Management | For | For |
| 5f | Re-elect Thomas Brodin as Director | Management | For | For |
| 5g | Re-elect Irial Finan as Director | Management | For | For |
| 5h | Re-elect Samuel Mencoff as Director | Management | For | For |
| 5i | Re-elect Roberto Newell as Director | Management | For | For |
| 5j | Re-elect Nicanor Restrepo as Director | Management | For | For |
| 5k | Re-elect Paul Stecko as Director | Management | For | For |
| 5l | Re-elect Rosemary Thorne as Director | Management | For | For |
| 6 | Authorise Board to Fix Remuneration of Auditors | Management | For | For |
| 7 | Authorise Issuance of Equity or Equity-Linked Securities with Preemptive Rights | Management | For | For |
| 8 | Authorise Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Management | For | For |
| 9 | Authorise Share Repurchase up to 10 Percent of Issued Share Capital | Management | For | For |
| 10 | Authorise the Company to Call EGM with Two Weeks Notice | Management | For | For |
| 11 | Amend Articles of Association | Management | For | For |
| SPRINT NEXTEL CORP 11.5% NOTES DUE NOVEMBER 15, 2021 Meeting Date: NOV 14, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 852061AM2 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Consent Payment of 1.00 USD per 1,000.00 USD P/A. | Management | N/A | YES |
| SPRINT NEXTEL CORP 7.00% NOTES DUE AUGUST 15, 2020 Meeting Date: NOV 14, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 852061AR1 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Consent Payment of 1.00 USD per 1,000.00 USD P/A. | Management | N/A | YES |
| SPRINT NEXTEL CORP 9.00% NOTES DUE NOVEMBER 15, 2018 Meeting Date: NOV 14, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 852061AK6 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Consent Payment of 1.00 USD per 1,000.00 USD P/A. | Management | N/A | YES |
| SPRINT NEXTEL CORP 9.125% NOTES DUE MARCH 1, 2017 Meeting Date: NOV 14, 2012 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 852061AP5 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Consent Payment of 1.00 USD per 1,000.00 USD P/A. | Management | N/A | YES |
| STEEL DYNAMICS INC. 7.75% NOTES DUE APRIL 15, 2016 Meeting Date: AUG 07, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 858119AN0 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive the Total Consideration of USD 1,041.75 per USD 1,000 P/A which includes the early tender payment of USD 30.00 per USD 1,000 P/A. | Management | N/A | YES |
| TENET HEALTHCARE CORP. 8.875% NOTES DUE JULY 1, 2019 Meeting Date: MAY 17, 2013 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 88033GBJ8 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Tender and Consent prior to the Consent payment Deadline to receive the Total Consideration of 1,133.18 USD per 1,000 USD P/A, which includes the Consent Payment of 30.00 USD per 1,000 USD P/A held. | Management | N/A | YES |
| THE AES CORPORATION Meeting Date: APR 18, 2013 Record Date: FEB 22, 2013 Meeting Type: ANNUAL | ||||
| Ticker: AES Security ID: 00130H105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | Elect Director Andres R. Gluski | Management | For | For |
| 1.2 | Elect Director Zhang Guo Bao | Management | For | Against |
| 1.3 | Elect Director Kristina M. Johnson | Management | For | For |
| 1.4 | Elect Director Tarun Khanna | Management | For | For |
| 1.5 | Elect Director John A. Koskinen | Management | For | For |
| 1.6 | Elect Director Philip Lader | Management | For | For |
| 1.7 | Elect Director Sandra O. Moose | Management | For | For |
| 1.8 | Elect Director John B. Morse, Jr. | Management | For | For |
| 1.9 | Elect Director Moises Naim | Management | For | For |
| 1.10 | Elect Director Charles O. Rossotti | Management | For | For |
| 1.11 | Elect Director Sven Sandstrom | Management | For | For |
| 2 | Ratify Auditors | Management | For | For |
| 3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| TIME WARNER CABLE INC. Meeting Date: MAY 16, 2013 Record Date: MAR 22, 2013 Meeting Type: ANNUAL | ||||
| Ticker: TWC Security ID: 88732J207 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1a | Elect Director Carole Black | Management | For | For |
| 1b | Elect Director Glenn A. Britt | Management | For | For |
| 1c | Elect Director Thomas H. Castro | Management | For | For |
| 1d | Elect Director David C. Chang | Management | For | For |
| 1e | Elect Director James E. Copeland, Jr. | Management | For | For |
| 1f | Elect Director Peter R. Haje | Management | For | For |
| 1g | Elect Director Donna A. James | Management | For | For |
| 1h | Elect Director Don Logan | Management | For | For |
| 1i | Elect Director N.J. Nicholas, Jr. | Management | For | For |
| 1j | Elect Director Wayne H. Pace | Management | For | For |
| 1k | Elect Director Edward D. Shirley | Management | For | For |
| 1l | Elect Director John E. Sununu | Management | For | For |
| 2 | Ratify Auditors | Management | For | For |
| 3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| 4 | Report on Lobbying Payments and Policy | Shareholder | Against | Against |
| 5 | Pro-rata Vesting of Equity Plan | Shareholder | Against | For |
| TIME WARNER INC. Meeting Date: MAY 23, 2013 Record Date: MAR 25, 2013 Meeting Type: ANNUAL | ||||
| Ticker: TWX Security ID: 887317303 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | Elect Director James L. Barksdale | Management | For | For |
| 1.2 | Elect Director William P. Barr | Management | For | For |
| 1.3 | Elect Director Jeffrey L. Bewkes | Management | For | For |
| 1.4 | Elect Director Stephen F. Bollenbach | Management | For | For |
| 1.5 | Elect Director Robert C. Clark | Management | For | For |
| 1.6 | Elect Director Mathias Dopfner | Management | For | For |
| 1.7 | Elect Director Jessica P. Einhorn | Management | For | For |
| 1.8 | Elect Director Fred Hassan | Management | For | Against |
| 1.9 | Elect Director Kenneth J. Novack | Management | For | For |
| 1.10 | Elect Director Paul D. Wachter | Management | For | For |
| 1.11 | Elect Director Deborah C. Wright | Management | For | For |
| 2 | Ratify Auditors | Management | For | For |
| 3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| 4 | Approve Omnibus Stock Plan | Management | For | For |
| TRW AUTOMOTIVE HOLDINGS CORP. Meeting Date: MAY 14, 2013 Record Date: MAR 18, 2013 Meeting Type: ANNUAL | ||||
| Ticker: TRW Security ID: 87264S106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | Elect Director Jody G. Miller | Management | For | For |
| 1.2 | Elect Director John C. Plant | Management | For | For |
| 1.3 | Elect Director Neil P. Simpkins | Management | For | For |
| 2 | Ratify Auditors | Management | For | For |
| 3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
| UNIVERSAL HOSPITAL SERVICE 8.5% NOTES DUE JUNE 1, 2015 Meeting Date: JUL 24, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 91359PAF7 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Tender and Consent prior to early tender deadline | Management | N/A | YES |
| VIASAT INC 8.875% NOTES DUE SEPTEMBER 15, 2016 Meeting Date: SEP 27, 2012 Record Date: Meeting Type: CONSENT AND TENDER | ||||
| Ticker: N/A Security ID: 92552VAC4 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Holders will receive Total Consideration of USD 1,071.56 per USD 1,000 P/A which includes early tender payment of USD 10.00 per USD 1,000 P/A. Holders will also receive accrued and unpaid interest up to but not including the early settlement date. | Management | N/A | YES |
| WMG ACQUISITION CORP 11.50% NOTES DUE OCTOBER 1, 2018 Meeting Date: FEB 22, 2013 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 92933BAC8 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Consent to the proposed Amendments and Waivers in order to receive 1.25 USD per 1,000.00 USD P/A | Management | N/A | YES |
| WMG ACQUISITION CORP 6.00% NOTES (144A) DUE JANUARY 15, 2021 Meeting Date: FEB 22, 2013 Record Date: Meeting Type: CONSENT | ||||
| Ticker: N/A Security ID: 92933BAE4 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | Consent to the proposed Amendments and Waivers in order to receive 1.25 USD per 1,000.00 USD P/A | Management | N/A | YES |
| WPX ENERGY, INC. Meeting Date: MAY 22, 2013 Record Date: MAR 25, 2013 Meeting Type: ANNUAL | ||||
| Ticker: WPX Security ID: 98212B103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | Elect Director John A. Carrig | Management | For | For |
| 1.2 | Elect Director Henry E. Lentz | Management | For | For |
| 1.3 | Elect Director William G. Lowrie | 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 | Approve Omnibus Stock Plan | Management | For | For |
| 5 | Ratify Auditors | Management | For | For |
END NPX REPORT