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, 2011
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: 07/01/2010 - 06/30/2011
Prudential High Yield Fund, Inc.
============== PRUDENTIAL HIGH YIELD FUND, INC.- SUB-ADVISER: PIM ==============
CENTURYLINK, INC.
Ticker: CTL Security ID: 156700106
Meeting Date: AUG 24, 2010 Meeting Type: Special
Record Date: JUL 13, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 APPROVE THE ISSUANCE OF SHARES OF FOR ABSTAIN Management
CENTURYLINK COMMON STOCK IN CONNECTION
WITH THE MERGER CONTEMPLATED BY THE
AGREEMENT AND PLAN OF MERGER, DATED AS
OF APRIL 21, 2010, BY AND AMONG QWEST
COMMUNICATIONS INTERNATIONAL INC., THE
COMPANY, AND SB44 ACQUISITION
2 APPROVE THE ADJOURNMENT OF THE MEETING, FOR ABSTAIN Management
IF NECESSARY, TO SOLICIT ADDITIONAL
PROXIES IF THERE ARE NOT SUFFICIENT
VOTES FOR THE PROPOSAL TO ISSUE
CENTURYLINK COMMON STOCK IN COMPANY IN
CONNECTION WITH THE MERGER.
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CENTURYLINK, INC.
Ticker: CTL Security ID: 156700106
Meeting Date: MAY 18, 2011 Meeting Type: Annual
Record Date: MAR 21, 2011
# Proposal Mgt Rec Vote Cast Sponsor
1 DIRECTOR 1) VIRGINIA BOULET 2) PETER For For Management
C. BROWN 3) RICHARD A. GEPHARDT 4)
GREGORY J. MCCRAY 5) MICHAEL J.
ROBERTS
2 RATIFY THE APPOINTMENT OF KPMG LLP AS For For Management
OUR INDEPENDENT AUDITOR FOR 2011.
3 APPROVE OUR 2011 EQUITY INCENTIVE PLAN. For For Management
4A ADVISORY VOTE REGARDING OUR EXECUTIVE For For Management
COMPENSATION.
4B ADVISORY VOTE REGARDING THE FREQUENCY 1 Year 1 Year Management
OF OUR EXECUTIVE COMPENSATION VOTES.
5A SHAREHOLDER PROPOSAL REGARDING Against For Shareholder
POLITICAL CONTRIBUTIONS REPORTS.
5B SHAREHOLDER PROPOSAL REGARDING BOARD Against For Shareholder
DECLASSIFICATION.
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DEX ONE CORPORATION
Ticker: DEXO Security ID: 25212W100
Meeting Date: MAY 03, 2011 Meeting Type: Annual
Record Date: MAR 10, 2011
# Proposal Mgt Rec Vote Cast Sponsor
1A Election of Director: Jonathan B. For For Management
Bulkeley
1B Election of Director: Eugene I. Davis For For Management
1C Election of Director: Richard L. For For Management
Kuersteiner
1D Election of Director: W. Kirk Liddell For For Management
1E Election of Director: Mark A. McEachen For For Management
1F Election of Director: Alfred T. Mockett For For Management
1G Election of Director: Alan F. Schultz For For Management
2 Proposal to approve by non-binding vote For For Management
executive compensation
3 Proposal to recommend by non-binding 1 Year Abstain Management
vote, the frequency of executive
compensation votes
4 To ratify the appointment of KPMG LLP For For Management
as the independent registered public
accounting firm for 2011
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GENON ENERGY, INC.
Ticker: GEN Security ID: 37244E107
Meeting Date: MAY 04, 2011 Meeting Type: Annual
Record Date: MAR 07, 2011
# Proposal Mgt Rec Vote Cast Sponsor
1A ELECTION OF DIRECTOR: E. WILLIAM For For Management
BARNETT
1B ELECTION OF DIRECTOR: TERRY G. DALLAS For For Management
1C ELECTION OF DIRECTOR: MARK M. JACOBS For For Management
1D ELECTION OF DIRECTOR: THOMAS H. JOHNSON For For Management
1E ELECTION OF DIRECTOR: STEVEN L. MILLER For For Management
1F ELECTION OF DIRECTOR: EDWARD R. MULLER For For Management
1G ELECTION OF DIRECTOR: ROBERT C. MURRAY For For Management
1H ELECTION OF DIRECTOR: LAREE E. PEREZ For For Management
1I ELECTION OF DIRECTOR: EVAN J. For For Management
SILVERSTEIN
1J ELECTION OF DIRECTOR: WILLIAM L. For For Management
THACKER
2 RATIFY THE AUDIT COMMITTEE'S SELECTION For For Management
OF KPMG LLP AS OUR INDEPENDENT AUDITORS
FOR FISCAL YEAR 2011.
3 ADOPT AN AMENDMENT TO OUR THIRD For For Management
RESTATED CERTIFICATE OF INCORPORATION
TO HELP PROTECT THE TAX BENEFITS OF OUR
NET OPERATING LOSSES.
4 APPROVE THE STOCKHOLDER RIGHTS PLAN, For For Management
ADOPTED BY THE BOARD ON JANUARY 15,
2001, AS AMENDED NOVEMBER 23, 2010.
5 APPROVE, ON AN ADVISORY BASIS, THE For For Management
COMPENSATION OF OUR NAMED EXECUTIVE
OFFICERS.
6 DETERMINE, ON AN ADVISORY BASIS, THE 1 Year 1 Year Management
FREQUENCY OF CONDUCTING FUTURE ADVISORY
VOTES ON THE COMPENSATION OF OUR NAMED
EXECUTIVE OFFICERS.
7 CONSIDER A STOCKHOLDER PROPOSAL, IF Against Against Shareholder
PROPERLY PRESENTED AT THE MEETING,
DESCRIBED IN THE PROXY MATERIALS.
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MIRANT CORP
Ticker: MIR Security ID: 60467R100
Meeting Date: OCT 25, 2010 Meeting Type: Special
Record Date: SEP 13, 2010
# Proposal Mgt Rec Vote Cast Sponsor
01 Proposal to adopt the agreement and For For Management
plan of merger, dated as April 11,
2010, by and among RRI Energy, INC RRI
Energy Holdings, INC., and Mirant
Corporation
02 Proposal to approve any motion to For For Management
adjourn the Mirant special meeting, if
necessary, to solicit additonal proxies
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SPRINT NEXTEL CORPORATION
Ticker: S Security ID: 852061100
Meeting Date: MAY 10, 2011 Meeting Type: Annual
Record Date: MAR 11, 2011
# 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
2011.
3 TO APPROVE, BY A NON-BINDING ADVISORY For For Management
VOTE, OUR EXECUTIVE COMPENSATION.
4 TO RECOMMEND, BY A NON-BINDING ADVISORY 1 Year 1 Year Management
VOTE, THE FREQUENCY OF ADVISORY VOTES
ON OUR EXECUTIVE COMPENSATION.
5 TO VOTE ON A SHAREHOLDER PROPOSAL Against For Shareholder
CONCERNING POLITICAL CONTRIBUTIONS.
6 TO VOTE ON A SHAREHOLDER PROPOSAL Against For Shareholder
CONCERNING THE RETENTION OF EQUITY
AWARDS.
7 TO VOTE ON A SHAREHOLDER PROPOSAL Against For Shareholder
REQUESTING CHANGE TO A VOTING
REQUIREMENT.
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XEROX CORPORATION
Ticker: XRX Security ID: 984121103
Meeting Date: MAY 26, 2011 Meeting Type: Annual
Record Date: MAR 28, 2011
# 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 J. KEEGAN For For Management
1F ELECTION OF DIRECTOR: ROBERT A. For For Management
MCDONALD
1G ELECTION OF DIRECTOR: N.J. NICHOLAS, For For Management
JR.
1H ELECTION OF DIRECTOR: CHARLES PRINCE For For Management
1I ELECTION OF DIRECTOR: ANN N. REESE For For Management
1J ELECTION OF DIRECTOR: MARY AGNES For For Management
WILDEROTTER
2 RATIFICATION OF THE SELECTION OF For For Management
PRICEWATERHOUSECOOPERS LLP AS THE
COMPANY'S INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM FOR 2011.
3 APPROVAL, ON AN ADVISORY BASIS, OF THE For For Management
2010 COMPENSATION OF OUR NAMED
EXECUTIVE OFFICERS.
4 SELECTION, ON AN ADVISORY BASIS, OF THE 1 Year 1 Year Management
FREQUENCY OF A SHAREHOLDER VOTE TO
APPROVE THE COMPENSATION OF OUR NAMED
EXECUTIVE OFFICERS.
========== 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
corresponding exhibit to Post-Effective Amendment No. 17 to the Registration
Statement on Form N-1A for Prudential Investment Portfolios 12
(File No. 333-42705) filed via EDGAR on March 15, 2010
Date: August 23, 2011