| OMB APPROVAL | |
|---|---|
| OMB Number: 3235-0582 Expires: March 31, 2006 Estimated average burden hours per response. . . 14.4 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
AMENDMENT
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-4533
| Federated Municipal High Yield Advantage Fund, Inc. (formerly, Federated Municipal Opportunities Fund, Inc.) |
| (Exact name of registrant as specified in charter) |
| 5800 Corporate Drive Pittsburgh, PA 15237-7000 |
| (Address of principal executive offices) |
| John W. McGonigle, Esquire |
| Federated Investors, Inc. Federated Investors Tower 1001 Liberty Avenue Pittsburgh, PA 15222-3779 |
| (Name and address of agent for service) |
Registrant's telephone number, including area code: 412-288-1900
Date of reporting period: July 1, 2004 to June 30, 2005
Item 1. Proxy Voting Record.
There were no matters relating to a portfolio security considered at any shareholder meeting held during the period covered by this report and with respect to which the registrant named above was entitled to vote.
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) | Federated Municipal High Yield Advantage Fund, Inc. (formerly, Federated Municipal Opportunities Fund, Inc.) |
| By (Signature and Title) | /s/ J. Christopher Donahue President - Principal Executive Officer |
Insert printed name and title of signing officer J. Christopher Donahue, President - Principal Executive Officer
Date August 30, 2006