Pacholder High Yield Fund (PHF) N-PX Annual report of proxy voting record

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number   811-05639

Pacholder High Yield Fund, Inc.

(Exact name of registrant as specified in charter)

8044 Montgomery Road, Suite 555, Cincinnati, OH 45236

(Address of principal executive offices)                    (Zip code)

Pacholder High Yield Fund, Inc., 8044 Montgomery Road, Suite 555, Cincinnati, OH 45236

(Name and address of agent for service)

Registrant's telephone number, including area code: 1-800-480-4111

Date of fiscal year end: December 31  

Date of reporting period:   July 1, 2009 through June 30, 2010  

Item 1. Proxy Voting Record

**** FORM N-Px REPORT ****

ICA File Number: 811-05639

Reporting Period: 07/01/2009 - 06/30/2010

Pacholder High Yield Fund, Inc.

==== PACHOLDER HIGH YIELD FUND, INC. ====

ABOVENET, INC.

Ticker:   ABVT	Security ID:   00374N107
Meeting Date:   JUN 24, 2010	Meeting Type:   Annual
Record Date:   MAY 11, 2010

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Jeffrey A. Brodsky	For	For	Management
1.2	Elect Director Michael J. Embler	For	For	Management
1.3	Elect Director William G. LaPerch	For	For	Management
1.4	Elect Director Richard Postma	For	For	Management
1.5	Elect Director Richard Shorten, Jr.	For	For	Management
1.6	Elect Director Stuart Subotnick	For	For	Management
2	Ratify Auditors	For	For	Management
3	Increase Authorized Common Stock	For	Against	Management
4	Approve Qualified Employee Stock	For	For	Management
	Purchase Plan
5	Amend Shareholder Rights Plan (Poison	For	Against	Management
	Pill)

CONSTAR INTERNATIONAL, INC.

Ticker:   CNSTQ	Security ID:   21036U206
Meeting Date:   NOV 5, 2009	Meeting Type:   Annual
Record Date:   SEP 8, 2009

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Michael J. Balduino	For	For	Management
1.2	Elect Director Eric A. Balzer	For	For	Management
1.3	Elect Director Michael J. Hoffman	For	For	Management
1.4	Elect Director Lawrence V. Jackson	For	For	Management
1.5	Elect Director Ruth J. Mack	For	For	Management
1.6	Elect Director L. White Matthews, III	For	For	Management
1.7	Elect Director Jason L. Pratt	For	For	Management
2	Approve Omnibus Stock Plan	For	For	Management
3	Ratify Auditors	For	For	Management

DELPHI CORP.

Ticker:   DPHLG	Security ID:   247126AC9
Meeting Date:   JUL 15, 2009	Meeting Type:   Written Consent
Record Date:   JUN 8, 2009

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	The Modified Plan	None	For	Management

MAGNACHIP SEMICONDUCTOR S A / MAGNACHIP SEMICONDUCTOR FIN C

Ticker:   - -	Security ID:   55932RAB3
Meeting Date:   SEP 24, 2009	Meeting Type:   Written Consent
Record Date:   SEP 4, 2009

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Debtor's Plan 4a	None	Did Not Vote	Management
2	Committee's Plan 4a	None	Did Not Vote	Management
3	Preference 4a - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
4	Elects To Opt Out 4a	None	Did Not Vote	Management
5	I Am A U.S. Citizen 4a	None	Did Not Vote	Management
6	Debtor's Plan 4b	None	Did Not Vote	Management
7	Committee's Plan 4b	None	Did Not Vote	Management
8	Preference 4b - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
9	Elects To Opt Out 4b	None	Did Not Vote	Management
10	I Am A U.S. Citizen 4b	None	Did Not Vote	Management
11	Debtor's Plan 4c	None	Did Not Vote	Management
12	Committee's Plan 4c	None	Did Not Vote	Management
13	Preference 4c - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
14	Elects To Opt Out 4c	None	Did Not Vote	Management
15	I Am A U.S. Citizen 4c	None	Did Not Vote	Management
16	Debtor's Plan 4d	None	Did Not Vote	Management
17	Committee's Plan 4d	None	Did Not Vote	Management
18	Preference 4d - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
19	Elects To Opt Out 4d	None	Did Not Vote	Management
20	I Am A U.S. Citizen 4d	None	Did Not Vote	Management
21	Debtor's Plan 4e	None	Did Not Vote	Management
22	Committee's Plan 4e	None	Did Not Vote	Management
23	Preference 4e - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
24	Elects To Opt Out 4e	None	Did Not Vote	Management
25	I Am A U.S. Citizen 4e	None	Did Not Vote	Management
26	Debtor's Plan 4f	None	Did Not Vote	Management
27	Committee's Plan 4f	None	Did Not Vote	Management
28	Preference 4f - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
29	Elects To Opt Out 4f	None	Did Not Vote	Management
30	I Am A U.S. Citizen 4f	None	Did Not Vote	Management

MAGNACHIP SEMICONDUCTOR S A / MAGNACHIP SEMICONDUCTOR FIN C

Ticker:   - -	Security ID:   55932RAD9
Meeting Date:   SEP 24, 2009	Meeting Type:   Written Consent
Record Date:   SEP 4, 2009

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Debtor's Plan 4a	None	Did Not Vote	Management
2	Committee's Plan 4a	None	Did Not Vote	Management
3	Preference 4a - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
4	Elects To Opt Out 4a	None	Did Not Vote	Management
5	I Am A U.S. Citizen 4a	None	Did Not Vote	Management
6	Debtor's Plan 4b	None	Did Not Vote	Management
7	Committee's Plan 4b	None	Did Not Vote	Management
8	Preference 4b - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
9	Elects To Opt Out 4b	None	Did Not Vote	Management
10	I Am A U.S. Citizen 4b	None	Did Not Vote	Management
11	Debtor's Plan 4c	None	Did Not Vote	Management
12	Committee's Plan 4c	None	Did Not Vote	Management
13	Preference 4c - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
14	Elects To Opt Out 4c	None	Did Not Vote	Management
15	I Am A U.S. Citizen 4c	None	Did Not Vote	Management
16	Debtor's Plan 4d	None	Did Not Vote	Management
17	Committee's Plan 4d	None	Did Not Vote	Management
18	Preference 4d - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
19	Elects To Opt Out 4d	None	Did Not Vote	Management
20	I Am A U.S. Citizen 4d	None	Did Not Vote	Management
21	Debtor's Plan 4e	None	Did Not Vote	Management
22	Committee's Plan 4e	None	Did Not Vote	Management
23	Preference 4e - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
24	Elects To Opt Out 4e	None	Did Not Vote	Management
25	I Am A U.S. Citizen 4e	None	Did Not Vote	Management
26	Debtor's Plan 4f	None	Did Not Vote	Management
27	Committee's Plan 4f	None	Did Not Vote	Management
28	Preference 4f - For = Debtor's Plan,	None	Did Not Vote	Management
	Against = Committee's Plan
29	Elects To Opt Out 4f	None	Did Not Vote	Management
30	I Am A U.S. Citizen 4f	None	Did Not Vote	Management

MIRANT CORPORATION

Ticker:   MIR	Security ID:   60467R100
Meeting Date:   MAY 6, 2010	Meeting Type:   Annual
Record Date:   MAR 8, 2010

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Thomas W. Cason	For	For	Management
1.2	Elect Director A.D. (Pete) Correll	For	For	Management
1.3	Elect Director Terry G. Dallas	For	For	Management
1.4	Elect Director Thomas H. Johnson	For	For	Management
1.5	Elect Director John T. Miller	For	For	Management
1.6	Elect Director Edward R. Muller	For	For	Management
1.7	Elect Director Robert C. Murray	For	For	Management
1.8	Elect Director William L. Thacker	For	For	Management
2	Ratify Auditors	For	For	Management
3	Adopt NOL Rights Plan (NOL Pill)	For	For	Management
4	Amend Omnibus Stock Plan	For	For	Management
5	Adopt Quantitative GHG Goals for	Against	Against	Shareholder
	Products and Operations

SPECTRUM BRANDS, INC.

Ticker:   SPB	Security ID:   84762L204
Meeting Date:   JUN 11, 2010	Meeting Type:   Special
Record Date:   MAY 5, 2010

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Merger Agreement	For	Against	Management
2	Adjourn Meeting	For	For	Management

TIME WARNER CABLE INC.

Ticker:   TWC	Security ID:   88732J207
Meeting Date:   MAY 24, 2010	Meeting Type:   Annual
Record Date:   MAR 29, 2010

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Director Carole Black	For	Against	Management
2	Elect Director Glenn A. Britt	For	For	Management
3	Elect Director Thomas H. Castro	For	Against	Management
4	Elect Director David C. Chang	For	For	Management
5	Elect Director James E. Copeland, Jr.	For	For	Management
6	Elect Director Peter R. Haje	For	Against	Management
7	Elect Director Donna A. James	For	For	Management
8	Elect Director Don Logan	For	For	Management
9	Elect Director N.J. Nicholas, Jr.	For	Against	Management
10	Elect Director Wayne H. Pace	For	For	Management
11	Elect Director Edward D. Shirley	For	For	Management
12	Elect Director John E. Sununu	For	For	Management
13	Ratification Of Auditors	For	For	Management

UNISYS CORPORATION

Ticker:   UIS	Security ID:   909214306
Meeting Date:   APR 29, 2010	Meeting Type:   Annual
Record Date:   MAR 1, 2010

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Declassify the Board of Directors	For	For	Management
2	Alter Mandatory Retirement Policy for	For	For	Management
	Directors
3	Approve Decrease in Size of Board	For	For	Management
4	Elect Director Henry C. Duques	For	For	Management
5	Elect Director Theodore E. Martin	For	For	Management
6	Elect Director Charles B. McQuade	For	For	Management
7	Ratify Auditors	For	For	Management
8	Approve Omnibus Stock Plan	For	For	Management

WORLD COLOR PRESS INC.

Ticker:   WC	Security ID:   981442106
Meeting Date:   MAY 13, 2010	Meeting Type:   Annual/Special
Record Date:   MAR 29, 2010

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Mark Alan Angelson as Director	For	For	Management
1.2	Elect Michael Brennan Allen as Director	For	For	Management
1.3	Elect Raymond John Bromark as Director	For	For	Management
1.4	Elect Gabriel de Alba as Director	For	For	Management
1.5	Elect James Joseph Gaffeney as Director	For	For	Management
1.6	Elect Jack Kliger as Director	For	For	Management
1.7	Elect David Lyman McAusland as Director	For	For	Management
1.8	Elect Thomas O'Neal Ryder as Director	For	For	Management
2	Approve KPMG LLP as Auditors and	For	For	Management
	Authorize Board to Fix Their
	Remuneration
3	Include French name in the Articles	For	For	Management
	(Imprimerie World Color Inc.)
4	Amend and Restate Deferred Share Unit	For	For	Management
	Plan
5	Approve Amended and Restated Restricted	For	Against	Management
	Share Unit Plan

WORLD COLOR PRESS INC.

Ticker:   WC	Security ID:   981442106
Meeting Date:   JUN 25, 2010	Meeting Type:   Special
Record Date:   MAY 17, 2010

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Arrangement	For	Against	Management

XO HOLDINGS, INC.

Ticker:   XOHO	Security ID:   98417K106
Meeting Date:   JUN 17, 2010	Meeting Type:   Annual
Record Date:   APR 22, 2010

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Carl C. Icahn	For	Withhold	Management
1.2	Elect Director Carl J. Grivner	For	Withhold	Management
1.3	Elect Director David S. Schechter	For	Withhold	Management
1.4	Elect Director Fredrik C. Gradin	For	For	Management
1.5	Elect Director Vincent J. Intrieri	For	Withhold	Management
1.6	Elect Director Robert L. Knauss	For	For	Management
1.7	Elect Director Keith Meister	For	Withhold	Management
1.8	Elect Director Harold First	For	For	Management

==== 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)      Pacholder High Yield Fund, Inc.                                                                                                          

By (Signature and Title)                         \s\ George C.W. Gatch                                                                                       

George C.W. Gatch, President

Date       August 30, 2010                                                                                                                                                          

Pursuant to the requirements of the Investment Company Act of 1940, this report has been signed below by the principal executive officer on behalf of the registrant and on the date indicated.

By (Signature and Title)*                         \s\ George C.W. Gatch                                                                                       

George C.W. Gatch, President

Date       August 30, 2010                                                                                                                                                          

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