FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-02896
Dryden High Yield Fund, Inc.
(Exact name of registrant as specified in charter)
100 Mulberry Street, Gateway Center Three, 4 th Floor, Newark, NJ 07102
(Address of principal executive offices) (Zip Code)
Jonathan D. Shain, Esq.
100 Mulberry Street, Gateway Center Three, 4 th Floor, Newark, NJ 07102
(Name and address of agent for service)
Registrant's telephone number, including area code: 973-802-6469
Date of fiscal year-end: August 31
Date of reporting period: June 30, 2009
Item 1. Proxy Voting Record
In determining votes against management, any ballot that management did not
make a recommendation is considered to be "FOR" regardless of the vote cast.
Any "Abstain" vote cast is considered as voted, and to be against the
management recommendation.
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-02896
Reporting Period: 07/01/2008 - 06/30/2009
Dryden High Yield Fund, Inc.
================== DRYDEN HIGH YIELD FUND - SUB-ADVISER: PIM ===================
EMBARQ CORPORATION
Ticker: EQ Security ID: 29078E105
Meeting Date: JAN 27, 2009 Meeting Type: GENERAL
Record Date: DEC 17, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1 TO ADOPT THE AGREEMENT AND PLAN OF FOR FOR Management
MERGER, AMONG CENTURYTEL, INC., CAJUN
ACQUISITION COMPANY, A WHOLLY OWNED
SUBSIDIARY OF CENTURYTEL, INC., AND
EMBARQ CORPORATION. UPON APPROVAL,
CAJUN ACQUISITION COMPANY WILL BE
MERGED WITH AND INTO EMBARQ AND EACH
OUTS
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NEENAH ENTERPRISES INC.
Ticker: NENA Security ID: 64007P103
Meeting Date: JAN 28, 2009 Meeting Type: GENERAL
Record Date: DEC 28, 2008
# Proposal Mgt Rec Vote Cast Sponsor
1 DIRECTOR(S) FOR FOR Management
2 TO RATIFY THE APPOINTMENT OF ERNST & FOR FOR Management
YOUNG LLP AS THE INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM FOR THE 2009
FISCAL YEAR.
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SPRINT NEXTEL CORPORATION
Ticker: S Security ID: 852061100
Meeting Date: MAY 12, 2009 Meeting Type: GENERAL
Record Date: MAR 13, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1 DIRECTOR(S). FOR FOR Management
2 TO RATIFY THE APPOINTMENT OF KPMG LLP FOR FOR Management
AS THE INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM OF SPRINT NEXTEL FOR
2009.
3 TO APPROVE AMENDMENTS TO THE 1988 FOR FOR Management
EMPLOYEES STOCK PURCHASE PLAN.
4 TO VOTE ON A SHAREHOLDER PROPOSAL AGAINST FOR Management
CONCERNING SPECIAL SHAREHOLDER
MEETINGS.
5 TO VOTE ON A SHAREHOLDER PROPOSAL AGAINST FOR Management
CONCERNING POLITICAL CONTRIBUTIONS.
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XEROX
Ticker: XER Security ID: 984121103
Meeting Date: MAY 21, 2009 Meeting Type: GENERAL
Record Date: MAR 23, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1 DIRECTOR(S). FOR FOR Management
2 RATIFICATION OF THE SELECTION OF FOR FOR Management
PRICEWATERHOUSECOOPERS LLP AS THE
COMPANY'S INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM FOR 2009.
========== 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.
Dryden High Yield Fund, Inc.
By
/s/ Judy A. Rice*
(Jonathan D. Shain)
Judy A. Rice, President
*By Power of Attorney dated July 1, 2008. Incorporated by reference to
corresponding exhibit to Post-Effective Amendment No. 33 to the
Registration Statement on Form N1-A for Jennison Natural Resources
Fund, Inc. (File No. 33-15166) filed via EDGAR on July 31, 2008.
Date: August 27, 2009