UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-8576
AMERICAN HIGH-INCOME TRUST
--------------------------------------------------
(Exact name of registrant as specified in charter)
333 South Hope Street
Los Angeles, California 90071
--------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Julie F. Williams
Capital Research and Management Company
333 South Hope Street
Los Angeles, California 90071
---------------------------------------
(Name and address of agent for service)
Registrant's telephone number, including area code: (213) 486-9200
Date of fiscal year end: September 30
Date of reporting period: 07/01/2003 - 06/30/2004
Item 1. Proxy Voting Record
The information contained herein discloses the following information for each
matter relating to a portfolio security considered at any shareholder meeting
held during the period covered by the report and with respect to which the
registrant was entitled to vote:
(a) The name of the issuer of the portfolio security;
(b) The exchange ticker symbol of the portfolio security;
(c) The Council on Uniform Securities Identification Procedures ("CUSIP")
number for the portfolio security;
(d) The shareholder meeting date;
(e) A brief identification of the matter voted on;
(f) Whether the matter was proposed by the issuer or by a security holder;
(g) Whether the registrant cast its vote on the matter;
(h) How the registrant cast its vote (e.g., for or against proposal, or abstain;
for or withhold regarding election of directors); and
(i) Whether the registrant cast its vote for or against management.
AHIT 0000925950
- --------------------------------------------------------------------------------------------------------
AIRGATE PCS, INC. Agenda: 932105023
CUSIP: 009367400 Meeting Type: Annual
Ticker: Meeting Date: 4/8/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 ROBERT A. FERCHAT Mgmt For For
MAX D. HOPPER Mgmt For For
- --------------------------------------------------------------------------------------------------------
CFW COMMUNICATIONS COMPANY Agenda: 932026342
CUSIP: 124923AB9 Meeting Type: Consent
Ticker: Meeting Date: 8/1/2003 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 JOINT PLAN OF REORGANIZATION Mgmt no action
- --------------------------------------------------------------------------------------------------------
CINCINNATI BELL INC. Agenda: 932106429
CUSIP: 171871106 Meeting Type: Annual
Ticker: CBB Meeting Date: 4/23/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 PHILLIP R. COX Mgmt For For
MICHAEL G. MORRIS Mgmt For For
JOHN M. ZRNO Mgmt For For
- --------------------------------------------------------------------------------------------------------
CLEAR CHANNEL COMMUNICATIONS, INC. Agenda: 932122182
CUSIP: 184502102 Meeting Type: Annual
Ticker: CCU Meeting Date: 4/28/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 ALAN D. FELD Mgmt For For
THOMAS O. HICKS Mgmt For For
PERRY J. LEWIS Mgmt For For
L. LOWRY MAYS Mgmt For For
MARK P. MAYS Mgmt For For
RANDALL T. MAYS Mgmt For For
B.J. MCCOMBS Mgmt For For
PHYLLIS B. RIGGINS Mgmt For For
THEORDORE H. STRAUSS Mgmt For For
J.C. WATTS Mgmt For For
JOHN H. WILLIAMS Mgmt For For
02 RATIFICATION OF THE SELECTION OF ERNST Mgmt For For
& YOUNG LLP AS INDEPENDENT AUDITORS
FOR THE YEAR ENDING DECEMBER 31, 2004.
- --------------------------------------------------------------------------------------------------------
EMMIS COMMUNICATIONS CORPORATION Agenda: 932187710
CUSIP: 291525103 Meeting Type: Annual
Ticker: EMMS Meeting Date: 6/30/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 JEFFREY H. SMULYAN Mgmt For For
WALTER Z. BERGER Mgmt For For
GREG A. NATHANSON Mgmt For For
02 PROPOSAL TO RATIFY THE SELECTION OF Mgmt For For
ERNST & YOUNG LLP AS INDEPENDENT
AUDITORS.
03 PROPOSAL TO APPROVE THE EMMIS Mgmt Against Against
COMMUNICATIONS CORPORATION 2004 EQUITY
COMPENSATION PLAN.
- --------------------------------------------------------------------------------------------------------
EQUITY OFFICE PROPERTIES TRUST Agenda: 932130886
CUSIP: 294741103 Meeting Type: Annual
Ticker: EOP Meeting Date: 5/19/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 THOMAS E. DOBROWSKI Mgmt For For
WILLIAM M. GOODYEAR Mgmt For For
JAMES D. HARPER, JR. Mgmt For For
RICHARD D. KINCAID Mgmt For For
DAVID K. MCKOWN Mgmt For For
SHELI Z. ROSENBERG Mgmt For For
EDWIN N. SIDMAN Mgmt For For
J. H.W.R. VAN DER VLIST Mgmt For For
SAMUEL ZELL Mgmt For For
02 RATIFICATION OF THE AUDIT COMMITTEE S Mgmt For For
APPOINTMENT OF ERNST & YOUNG LLP AS
INDEPENDENT AUDITORS.
- --------------------------------------------------------------------------------------------------------
FAIRCHILD SEMICONDUCTOR INTL., INC. Agenda: 932127233
CUSIP: 303726103 Meeting Type: Annual
Ticker: FCS Meeting Date: 5/4/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 KIRK P. POND Mgmt For For
JOSEPH R. MARTIN Mgmt For For
01 CHARLES P. CARINALLI Mgmt For For
RICHARD M. CASHIN, JR. Mgmt For For
CHARLES M. CLOUGH Mgmt For For
ROBERT F. FRIEL Mgmt For For
THOMAS L. MAGNANTI Mgmt For For
BRYAN R. ROUB Mgmt For For
PAUL C. SCHORR IV Mgmt For For
RONALD W. SHELLY Mgmt For For
WILLIAM N. STOUT Mgmt For For
02 PROPOSAL TO AMEND AND APPROVE THE Mgmt Against Against
FAIRCHILD SEMICONDUCTOR STOCK PLAN.
03 PROPOSAL TO RATIFY THE APPOINTMENT OF Mgmt For For
KPMG LLP AS INDEPENDENT AUDITORS FOR
2004.
- --------------------------------------------------------------------------------------------------------
GREAT ATLANTIC & PACIFIC TEA CO., IN Agenda: 932010743
CUSIP: 390064202 Meeting Type: Annual
Ticker: GAJ Meeting Date: 7/16/2003 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 J.D. BARLINE Mgmt no action
R. BAUMEISTER Mgmt no action
B. GAUNT Mgmt no action
C.W.E. HAUB Mgmt no action
H. HAUB Mgmt no action
D. KOURKOUMELIS Mgmt no action
E. LEWIS Mgmt no action
R.L. NOLAN Mgmt no action
M.B. TART-BEZER Mgmt no action
02 STOCKHOLDER PROPOSAL ON POISON PILLS. Shr no action
03 STOCKHOLDER PROPOSAL ON ANNUAL MEETING Shr no action
LOCATION.
- --------------------------------------------------------------------------------------------------------
ISTAR FINANCIAL INC. Agenda: 932143821
CUSIP: 45031U101 Meeting Type: Annual
Ticker: SFI Meeting Date: 5/25/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 JAY SUGARMAN Mgmt For For
WILLIS ANDERSEN, JR. Mgmt For For
ROBERT W. HOLMAN, JR. Mgmt For For
ROBIN JOSEPHS Mgmt For For
JOHN G. MCDONALD Mgmt For For
01 GEORGE R. PUSKAR Mgmt For For
JEFFREY A. WEBER Mgmt For For
02 AUTHORIZATION OF ISSUANCE OF COMMON Mgmt For For
STOCK EQUIVALENTS TO DIRECTORS UNDER A
NON-EMPLOYEE DIRECTORS DEFERRAL
PROGRAM.
03 APPROVAL OF EXTENDING THE ISTAR Mgmt For For
FINANCIAL INC. HIGH PERFORMANCE UNIT
PROGRAM TO ADD 2007 HPU PLAN AND 2008
HPU PLAN.
04 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
PRICEWATERHOUSECOOPERS LLP AS THE
COMPANY S INDEPENDENT ACCOUNTANTS
FOR THE FISCAL YEAR ENDING DECEMBER
31, 2004.
- --------------------------------------------------------------------------------------------------------
NEXTEL COMMUNICATIONS, INC. Agenda: 932136383
CUSIP: 65332V103 Meeting Type: Annual
Ticker: NXTL Meeting Date: 5/27/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 KEITH J. BANE Mgmt For For
V. JANET HILL Mgmt For For
02 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
DELOITTE & TOUCHE LLP AS THE COMPANY S
INDEPENDENT AUDITORS FOR 2004.
03 APPROVAL OF THE NEXTEL COMMUNICATIONS, Mgmt For For
INC. AMENDED AND RESTATED ASSOCIATE
STOCK PURCHASE PLAN.
- --------------------------------------------------------------------------------------------------------
RADIO ONE, INC. Agenda: 932170068
CUSIP: 75040P108 Meeting Type: Annual
Ticker: ROIA Meeting Date: 5/26/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 BRIAN W. MCNEILL* Mgmt For For
TERRY L. JONES* Mgmt For For
CATHERINE L. HUGHES** Mgmt For For
ALFRED C. LIGGINS III** Mgmt For For
D. GEOFFREY ARMSTRONG** Mgmt For For
L. ROSS LOVE** Mgmt For For
RONALD E. BLAYLOCK** Mgmt For For
03 APPROVAL OF THE AMENDMENT AND Mgmt Against Against
RESTATEMENT OF THE 1999 STOCK OPTION
AND RESTRICTED STOCK GRANT PLAN
INCREASING THE NUMBER OF SHARES OF
CLASS D COMMON STOCK RESERVED FOR
ISSUANCE UNDER THE PLAN FROM 5,816,198
SHARES TO 10,816,198 SHARES.
04 RATIFICATION OF THE APPOINTMENT OF Mgmt For For
ERNST & YOUNG LLP AS INDEPENDENT
AUDITORS FOR THE COMPANY FOR THE
YEAR ENDED DECEMBER 31, 2004.
- --------------------------------------------------------------------------------------------------------
SPECTRASITE, INC. Agenda: 932161297
CUSIP: 84761M104 Meeting Type: Annual
Ticker: SSI Meeting Date: 5/25/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 STEPHEN H. CLARK Mgmt For For
PAUL M. ALBERT, JR. Mgmt For For
ROBERT KATZ Mgmt For For
RICHARD MASSON Mgmt For For
02 TO RATIFY THE APPOINTMENT OF ERNST & Mgmt For For
YOUNG LLP AS THE COMPANY S INDEPENDENT
ACCOUNTANTS FOR THE YEAR ENDING
DECEMBER 31, 2004.
- --------------------------------------------------------------------------------------------------------
XO COMMUNICATIONS, INC. Agenda: 932156765
CUSIP: 983764838 Meeting Type: Annual
Ticker: XOCM Meeting Date: 5/27/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 CARL C. ICAHN Mgmt For For
CARL J. GRIVNER Mgmt For For
ANDREW R. COHEN Mgmt For For
ADAM DELL Mgmt For For
VINCENT J. INTRIERI Mgmt For For
KEITH MEISTER Mgmt For For
02 RATIFICATION OF THE BOARD OF DIRECTORS Mgmt For For
APPROVAL OF THE 2002 STOCK INCENTIVE
PLAN.
03 THE RATIFICATION OF KPMG LLP AS THE Mgmt For For
INDEPENDENT AUDITORS OF XO
COMMUNICATIONS, INC. FOR THE FISCAL
YEAR ENDED DECEMBER 31, 2004.
- --------------------------------------------------------------------------------------------------------
ZILOG, INC. Agenda: 932085865
CUSIP: 989524202 Meeting Type: Special
Ticker: ZILG Meeting Date: 2/12/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 TO APPROVE AN AMENDMENT TO THE COMPANY Mgmt For For
S AMENDED AND RESTATED CERTIFICATE OF
INCORPORATION TO INCREASE THE MAXIMUM
SIZE OF THE BOARD OF DIRECTORS TO
NINE MEMBERS, AND TO ELIMINATE CERTAIN
RESTRICTIONS ON BOARD MEMBERSHIP AND
NOMINATING COMMITTEE MEMBERSHIP.
02 TO APPROVE ADOPTION OF THE 2004 Mgmt For For
OMNIBUS STOCK INCENTIVE PLAN AND A
RELATED AMENDMENT TO THE COMPANY S
AMENDED AND RESTATED CERTIFICATE OF
INCORPORATION.
03 TO APPROVE ADOPTION OF THE 2004 Mgmt For For
EMPLOYEE STOCK PURCHASE PLAN.
04 TO APPROVE EACH OF THE FOUR FORMS OF Mgmt For For
AMENDMENT TO THE COMPANY S AMENDED AND
RESTATED CERTIFICATE OF INCORPORATION
SET FORTH AT ANNEXES E-1, E-2, E-3
AND E-4, TO EFFECT A REVERSE STOCK
SPLIT OF THE COMPANY S COMMON STOCK,
AS MORE FULLY DESCRIBED IN THE PROXY
05 TO APPROVE AN AMENDMENT TO THE COMPANY Mgmt For For
S AMENDED AND RESTATED CERTIFICATE OF
INCORPORATION TO INCREASE THE NUMBER
OF AUTHORIZED SHARES OF COMMON STOCK
FROM 40,000,000 TO 60,000,000 SHARES.
- --------------------------------------------------------------------------------------------------------
ZILOG, INC. Agenda: 932171488
CUSIP: 989524301 Meeting Type: Annual
Ticker: ZILG Meeting Date: 5/26/2004 ISIN:
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
01 MICHAEL D. BURGER* Mgmt For For
FEDERICO FAGGIN* Mgmt For For
ROBIN A. ABRAMS** Mgmt For For
DAVID G. ELKINS** Mgmt For For
02 RATIFICATION OF THE SELECTION OF KPMG Mgmt For For
LLP AS OUR INDEPENDENT AUDITORS.
- --------------------------------------------------------------------------------------------------------
NETIA S.A., WARSZAWA Agenda: 700417086
CUSIP: X58396106 Meeting Type: AGM
Ticker: Meeting Date: 10/30/2003 ISIN: PLNETIA00014
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
PLEASE NOTE THAT THIS IS AN EGM. THANK Non-
YOU. Voting
1. Opening of the meeting Mgmt For *
2. Elect the Chairman Mgmt For *
3. Approve, stating if the meeting has Mgmt For *
been convened in conformity of
regulations and assuming its
capability, to pass valid resolutions
4. Receive the main merger plan elements Mgmt For *
and the Management Board report
justifying the merger
5. Approve the merger with Netia Telekom Mgmt For *
SA, Netia South SP ZOO, Netia Telekom
Mazowsze, Netia Telekom Warszawa SA,
Netia Telekom Modlin SA, Netia Telekom
Lublin SA, Netia Telekom Ostrowiec
SA, Netia Telekom Swindnik SA, Netia
Telekom Torun SA, Netia Telekom
Wloclawek SA, Netia Telekom Kalisz SA,
Netia Telekom Pila SA, Netia
Telekom Silsesia SA, Netia Telekom
Telemedia SA, Optimus Inwest SA,
Netia Network SA, Telekom Building
SP ZOO, Netia 1 SP ZOO and Telko 1
SP ZOO
6. Closing of the meeting Mgmt For *
- --------------------------------------------------------------------------------------------------------
NETIA S.A., WARSZAWA Agenda: 700456812
CUSIP: X58396106 Meeting Type: AGM
Ticker: Meeting Date: 3/11/2004 ISIN: PLNETIA00014
For/Against
Proposal Type Vote Management
- --------------------------------------------------------------------------------------------------------
1. Opening of the meeting Mgmt For *
2. Elect the Chairman Mgmt For *
3. Acknowledge that the meeting has been Mgmt For *
convened in conformity of the
regulations and assume its capability
to pass valid resolutions
4. Approve the agenda Mgmt For *
5. Approve to change the composition of Mgmt For *
the Supervisory Board
6. Approve to fix the remuneration of the Mgmt For *
Members of the Supervisory Board;
Approve the rules adopting the
following multipliers: Member 1.2,
Vice President 1.4 and President 1.5
of the monthly remuneration average in
the sector of enterprises
7. Closing of the meeting Mgmt For *
*Management position unknown
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) AMERICAN HIGH-INCOME TRUST.
By (Signature) /S/ David C. Barclay
-----------------------------------------
Name David C. Barclay
Title President and Principal Executive Officer
Date 8-26-2004