FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-02896
Prudential 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, 2010
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: 07/01/2009 - 06/30/2010
Prudential High Yield Fund, Inc.
========== PRUDENTIAL HIGH YIELD FUND, INC.- SUB-ADVISER: PIM (F/K/A ===========
CENTURYTEL, INC.
Ticker: CTL Security ID: 156700106
Meeting Date: MAY 20, 2010 Meeting Type: Annual
Record Date: MAR 22, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Director: Glen F. Post, III For For Management
2 To ratify the appointment of KPMG LLP For For Management
as our independent auditor for 2010
3 To amend our articles of incorporation For For Management
to change our name to CenturyLink, Inc.
4 To approve our 2010 executive officer For For Management
short-term incentive plan
5 To act upon a shareholder proposal Against Against Management
regarding network management practices
6 To act upon a shareholder proposal Against Against Management
regarding limitation of executive
compensation
7 To act upon a shareholder proposal Against Against Management
regarding executive stock retention
8 To act upon a shareholder proposal Against Against Management
regarding executive compensation
advisory votes
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CENTURYTEL, INC.
Ticker: CTL Security ID: 156700106
Meeting Date: MAY 20, 2010 Meeting Type: Annual
Record Date: MAR 22, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Director: William A. Owens For For Management
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CENTURYTEL, INC.
Ticker: CTL Security ID: 156700106
Meeting Date: MAY 20, 2010 Meeting Type: Annual
Record Date: MAR 22, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Director: C.G. Melville, JR. For For Management
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CENTURYTEL, INC.
Ticker: CTL Security ID: 156700106
Meeting Date: MAY 20, 2010 Meeting Type: Annual
Record Date: MAR 22, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Director: W. Bruce Hanks For For Management
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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 Director: William L. Thacker For For Management
2 Ratification of appointment of KPMG LLP For For Management
as independent registered public
accounting firm for 2010
3 Stockholder rights plan For For Management
4 Material terms of the performance goals For For Management
included in the Mirant Corporation 2005
omnibus incentive compensation plan
5 Stockholder proposal regarding Against Against Management
quantitative goals for reducing total
greenhouse gas emissions
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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 Director: Robert C. Murray For For Management
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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 Director: Edward R. Muller For For Management
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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 Director: John T. Miller For For Management
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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 Director: Thomas H. Johnson For For Management
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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 Director: Terry G. Dallas For For Management
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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 Director: A.D. (Pete) Correll For For Management
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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 Director: Thomas W. Cason For For Management
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SPRINT NEXTEL CORPORATION
Ticker: S Security ID: 852061100
Meeting Date: MAY 11, 2010 Meeting Type: Annual
Record Date: MAR 12, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Director: Robert R. Bennett For For Management
1B Election of Director: Gordon M. Bethune For For Management
1C Election of Director: Larry C. For For Management
Glasscock
1D Election of Director: James H. Hance, For For Management
JR.
1E Election of Director: Daniel R. Hesse For For Management
1F Election of Director: V. Janet Hill For For Management
1G Election of Director: Frank Ianna For For Management
1H Election of Director: Sven-Christer For For Management
Nilsson
1I Election of Director: William R. Nuti For For Management
1J Election of Director: Rodney O''Neal 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
2010
3 To approve an amendment to the 2007 For For Management
omnibus incentive plan, all as more
fully described in the proxy statement
4 To vote on a shareholder proposal Against Against Management
concerning political contributions
5 To vote on a shareholder proposal Against Against Management
concerning an advisory vote on
executive compensation
6 To vote in a shareholder proposal Against Against Management
concerning shareholders'' ability to
act by written consent
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XEROX CORPORATION
Ticker: XRX Security ID: 984121103
Meeting Date: FEB 5, 2010 Meeting Type: Special
Record Date: DEC 11, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1 To approve the issuance of shares of For For Management
common stock required to be issued to
Affiliated Computer Services, Inc.
("ACS") stockholders pursuant to the
agreement and plan of merger, dated as
of September 27,2009, as amended by
amendment no.1 to the agreement a
2 To approve the adjournment of the For For Management
special meeting, if necessary or
appropriate, including to solicit
additional proxies
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XEROX CORPORATION
Ticker: XRX Security ID: 984121103
Meeting Date: MAY 20, 2010 Meeting Type: Annual
Record Date: MAR 22, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Director: Glenn A. Britt For For Management
1B Election of Director: Ursula M. Burns For For Management
1C Election of Director: Richard J. For For Management
Harrington
1D Election of Director: William Curt For For Management
Hunter
1E Election of Director: Robert A. For For Management
McDonald
1F Election of Director: N.J. Nicholas, For For Management
JR.
1G Election of Director: Charles Prince For For Management
1H Election of Director: Ann N. Reese For For Management
1I Election of Director: Mary Agnes For For Management
Wilderotter
2 Ratification of selection of For For Management
PriceWaterHouseCoopers LLP as the
company''s independent registered
public accounting firm for 2010
3 Approval of the May 2010 amendment and For For Management
restatement of the company''s 2004
performance incentive plan
========== 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.
Prudential High Yield Fund, Inc.
By
/s/ Judy A. Rice*
(Jonathan D. Shain)
Judy A. Rice, President
*By Power of Attorney dated March 9, 2010. Incorporated by reference to
Exhibit (q) to Post-Effective Amendment No. 17 to the Registration
Statement on Form N-1A for Prudential Global Real Estate Fund
(File No. 333-42705) filed via EDGAR on March 15, 2010
Date: August 5, 2010