| New Income Fund | 07/01/2009 - 06/30/2010 |
| ICA File Number: 811-02396 |
| Reporting Period: 07/01/2009 - 06/30/2010 |
| T. Rowe Price New Income Fund, Inc. |
| |
| FORM N-PX |
| |
| ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT |
| INVESTMENT COMPANY |
| |
| Investment Company Act file number 811-02396 |
| |
| T. Rowe Price New Income 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: 7/01/2009 to 6/30/2010 |
| |
| |
| 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 New Income Fund, Inc. |
| |
| By (Signature and Title) /s/ Edward C. Bernard |
| Edward C. Bernard, Chairman of the Board - T. Rowe Price Funds |
| |
| Date August 26, 2010 |
=============================== New Income Fund ================================
AT&T INC.
Ticker: T Security ID: 00206R102
Meeting Date: APR 30, 2010 Meeting Type: Annual
Record Date: MAR 2, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Randall L. Stephenson For For Management
2 Elect Director Gilbert F. Amelio For For Management
3 Elect Director Reuben V. Anderson For For Management
4 Elect Director James H. Blanchard For For Management
5 Elect Director Jaime Chico Pardo For For Management
6 Elect Director James P. Kelly For For Management
7 Elect Director Jon C. Madonna For For Management
8 Elect Director Lynn M. Martin For For Management
9 Elect Director John B. McCoy For For Management
10 Elect Director Joyce M. Roche For For Management
11 Elect Director Laura D Andrea Tyson For For Management
12 Elect Director Patricia P. Upton For For Management
13 Ratify Auditors For For Management
14 Provide for Cumulative Voting Against Against Shareholder
15 Exclude Pension Credits from Against For Shareholder
Calculations of Performance-Based Pay
16 Advisory Vote to Ratify Named Executive Against For Shareholder
Officers' Compensation
17 Amend Articles/Bylaws/Charter -- Call Against Against Shareholder
Special Meetings
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BANK OF AMERICA CORP.
Ticker: BAC Security ID: 060505104
Meeting Date: FEB 23, 2010 Meeting Type: Special
Record Date: JAN 7, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Increase Authorized Common Stock For For Management
2 Adjourn Meeting For For Management
- --------------------------------------------------------------------------------
BANK OF AMERICA CORPORATION
Ticker: BAC Security ID: 060505104
Meeting Date: APR 28, 2010 Meeting Type: Annual
Record Date: MAR 3, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Susan S. Bies For For Management
2 Elect Director William P. Boardman For For Management
3 Elect Director Frank P. Bramble, Sr. For For Management
4 Elect Director Virgis W. Colbert For For Management
5 Elect Director Charles K. Gifford For For Management
6 Elect Director Charles O. Holliday, Jr. For For Management
7 Elect Director D. Paul Jones, Jr. For For Management
8 Elect Director Monica C. Lozano For For Management
9 Elect Director Thomas J. May For For Management
10 Elect Director Brian T. Moynihan For For Management
11 Elect Director Donald E. Powell For For Management
12 Elect Director Charles O. Rossotti For For Management
13 Elect Director Robert W. Scully For For Management
14 Ratify Auditors For For Management
15 Increase Authorized Common Stock For For Management
16 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
17 Amend Omnibus Stock Plan For For Management
18 Report on Government Service of Against Against Shareholder
Employees
19 TARP Related Compensation Against Against Shareholder
20 Amend Articles/Bylaws/Charter -- Call Against Against Shareholder
Special Meetings
21 Advisory Vote to Ratify Named Executive Against Against Shareholder
Officers' Compensation
22 Adopt Policy on Succession Planning Against Against Shareholder
23 Report on Collateral in Derivatives Against For Shareholder
Trading
24 Claw-back of Payments under Against For Shareholder
Restatements
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BLACK HILLS CORPORATION
Ticker: BKH Security ID: 092113109
Meeting Date: MAY 25, 2010 Meeting Type: Annual
Record Date: APR 6, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Jack W. Eugster For For Management
1.2 Elect Director Gary L. Pechota For For Management
1.3 Elect Director Thomas J. Zeller For For Management
2 Ratify Auditors For For Management
3 Amend Omnibus Stock Plan For For Management
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DUKE ENERGY CORPORATION
Ticker: DUK Security ID: 26441C105
Meeting Date: MAY 6, 2010 Meeting Type: Annual
Record Date: MAR 11, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director William Barnet, III For For Management
1.2 Elect Director G. Alex Bernhardt, Sr. For For Management
1.3 Elect Director Michael G. Browning For For Management
1.4 Elect Director Daniel R. DiMicco For For Management
1.5 Elect Director John H. Forsgren For For Management
1.6 Elect Director Ann Maynard Gray For For Management
1.7 Elect Director James H. Hance, Jr. For For Management
1.8 Elect Director E. James Reinsch For For Management
1.9 Elect Director James T. Rhodes For For Management
1.10 Elect Director James E. Rogers For For Management
1.11 Elect Director Philip R. Sharp For For Management
2 Approve Omnibus Stock Plan For For Management
3 Ratify Auditors For For Management
4 Report on Global Warming Lobbying Against Against Shareholder
Activities
5 Require a Majority Vote for the Against For Shareholder
Election of Directors
6 Stock Retention/Holding Period Against Against Shareholder
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MARRIOT VACATION CLUB OWNER TRUST 5.737 PCT. DUE 2028
Ticker: N/A Security ID: 57164QAA2
Meeting Date: JUL 30, 2009 Meeting Type: Consent
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Issuer is requesting Noteholder consent N/A Yes Management
to increase the maximum aggregate
amount of Defaulted Timeshare Loans
that the Seller may repurchase or
substitute under Section 4.04(b) of the
Indenture from 10 Pct. of the Aggregate
Initial Loan Balance to 15 Pct.
- --------------------------------------------------------------------------------
MARRIOT VACATION CLUB OWNER TRUST 5.827 PCT. DUE 2028
Ticker: N/A Security ID: 57164QAB0
Meeting Date: JUL 30, 2009 Meeting Type: Consent
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Issuer is requesting Noteholder consent N/A Yes Management
to increase the maximum aggregate
amount of Defaulted Timeshare Loans
that the Seller may repurchase or
substitute under Section 4.04(b) of the
Indenture from 10 Pct. of the Aggregate
Initial Loan Balance to 15 Pct.
- --------------------------------------------------------------------------------
MARRIOTT VACATION CLUB OWNER TRUST 2006-2 DUE OCTOBER 20, 2028
Ticker: N/A Security ID: 57164UAA3
Meeting Date: JUN 8, 2010 Meeting Type: Consent
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Marriott Vacation Club Owner Trust N/A Yes Management
2006-2 due October 20, 2028
- --------------------------------------------------------------------------------
PFIZER INC.
Ticker: PFE Security ID: 717081103
Meeting Date: APR 22, 2010 Meeting Type: Annual
Record Date: FEB 23, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Dennis A. Ausiello For For Management
2 Elect Director Michael S. Brown For For Management
3 Elect Director M. Anthony Burns For For Management
4 Elect Director Robert N. Burt For For Management
5 Elect Director W. Don Cornwell For For Management
6 Elect Director Frances D. Fergusson For For Management
7 Elect Director William H. Gray III For For Management
8 Elect Director Constance J. Horner For For Management
9 Elect Director James M. Kilts For For Management
10 Elect Director Jeffrey B. Kindler For For Management
11 Elect Director George A. Lorch For For Management
12 Elect Director John P. Mascotte For For Management
13 Elect Director Suzanne Nora Johnson For For Management
14 Elect Director Stephen W. Sanger For For Management
15 Elect Director William C. Steere, Jr. For For Management
16 Ratify Auditors For For Management
17 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
18 Provide Right to Call Special Meeting For For Management
19 Prohibit Executive Stock-Based Awards Against Against Shareholder
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PROGRESS ENERGY, INC.
Ticker: PGN Security ID: 743263105
Meeting Date: MAY 12, 2010 Meeting Type: Annual
Record Date: MAR 5, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director John D. Baker, II For For Management
2 Elect Director James E. Bostic, Jr. For For Management
3 Elect Director Harris E. DeLoach, Jr. For For Management
4 Elect Director James B. Hyler, Jr. For For Management
5 Elect Director William D. Johnson For For Management
6 Elect Director Robert W. Jones For For Management
7 Elect Director W. Steven Jones For For Management
8 Elect Director Melquiades R. Martinez For For Management
9 Elect Director E. Marie McKee For For Management
10 Elect Director John H. Mullin, III For For Management
11 Elect Director Charles W. Pryor, Jr. For For Management
12 Elect Director Carlos A. Saladrigas For For Management
13 Elect Director Theresa M. Stone For For Management
14 Elect Director Alfred C. Tollison, Jr. For For Management
15 Ratify Auditors For For Management
16 Stock Retention/Holding Period Against Against Shareholder
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TEPPCO PARTNERS LP, 7.55 PCT. DUE 2039
Ticker: N/A Security ID: B2QK8S1
Meeting Date: SEP 28, 2009 Meeting Type: Consent and Exchange
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 For each $1,000 principal amount of N/A Yes Management
Notes validly tendered and accepted,
the holder will receive $1,000
principal amount of New Notes (Cusip
TBD).
- --------------------------------------------------------------------------------
WEINGARTEN REALTY INVESTORS
Ticker: WRI Security ID: 948741103
Meeting Date: MAY 6, 2010 Meeting Type: Annual
Record Date: MAR 8, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Stanford Alexander For For Management
1.2 Elect Director Andrew M. Alexander For For Management
1.3 Elect Director James W. Crownover For For Management
1.4 Elect Director Robert J. Cruikshank For For Management
1.5 Elect Director Melvin A. Dow For For Management
1.6 Elect Director Stephen A. Lasher For For Management
1.7 Elect Director Douglas W. Schnitzer For For Management
1.8 Elect Director C. Park Shaper For For Management
1.9 Elect Director Marc J. Shapiro For For Management
2 Increase Authorized Common Stock For For Management
3 Approve Omnibus Stock Plan For For Management
4 Ratify Auditors For For Management
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WILLIAMS COMPANIES 7.75 PCT. DUE 2031
Ticker: N/A Security ID: 2793063
Meeting Date: JAN 21, 2010 Meeting Type: Consent and Tender
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Holders will receive 1,135.00 USD for N/A Yes Management
every 1,000 USD principal amount, plus
an early tender payment of 30.00 USD
for every 1,000 USD principal amount.
- --------------------------------------------------------------------------------
WYETH, 5.95 PCT. NOTES DUE 2037
Ticker: N/A Security ID: B1VQ7M4
Meeting Date: OCT 21, 2009 Meeting Type: Consent
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Consent to proposed amendments and N/A Yes Management
receive 1.50 USD for every 1,000 USD
principal amount.
- --------------------------------------------------------------------------------
XCEL ENERGY INC.
Ticker: XEL Security ID: 98389B100
Meeting Date: MAY 19, 2010 Meeting Type: Annual
Record Date: MAR 23, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect DirectorFredric W. Corrigan For For Management
1.2 Elect Director Richard K. Davis For For Management
1.3 Elect Director Benjamin G.S. Fowke, III For For Management
1.4 Elect Director Richard C. Kelly For For Management
1.5 Elect Director Albert F. Moreno For For Management
1.6 Elect Director Christopher J. For For Management
Policinski
1.7 Elect Director A. Patricia Sampson For For Management
1.8 Elect Director David A. Westerlund For For Management
1.9 Elect Director Kim Williams For For Management
1.10 Elect Director Timothy V. Wolf For For Management
2 Approve Executive Incentive Bonus Plan For For Management
3 Amend Omnibus Stock Plan For For Management
4 Ratify Auditors For For Management
5 Advisory Vote to Ratify Named Executive Against Against Shareholder
Officers' Compensation
===================================== END NPX REPORT ============================
