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 811-21515
                                                     ---------

                   TS&W/Claymore Tax-Advantaged Balanced Fund
                   ------------------------------------------
               (Exact name of registrant as specified in charter)

                           2455 Corporate West Drive
                                Lisle, IL 60532
                                ---------------
              (Address of principal executive offices) (Zip code)

                               Kevin M. Robinson
                           2455 Corporate West Drive
                                Lisle, IL 60532
                                ---------------
                    (Name and address of agent for service)

       Registrant's telephone number, including area code: (630) 505-3700
                                                           --------------

                     Date of fiscal year end:  December 31
                                               -----------

             Date of reporting period: July 1, 2011 - June 30, 2012
                                       ----------------------------

   Form N-PX is to be used by a registered management investment company,
other than a small business investment company registered on Form N-5 ( 239.24
and 274.5 of this chapter), to file reports with the Commission, not later than
August 31 of each year, containing the registrant's proxy voting record for the
most recent twelve-month period ended June 30, pursuant to section 30 of the
Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4).
The Commission may use the information provided on Form N-PX in its regulatory,
disclosure review, inspection, and policymaking roles.

   A registrant is required to disclose the information specified by Form
N-PX, and the Commission will make this information public. A registrant is not
required to respond to the collection of information contained in Form N-PX
unless the Form displays a currently valid Office of Management and Budget
("OMB") control number. Please direct comments concerning the accuracy of the
information collection burden estimate and any suggestions for reducing the
burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE,
Washington, DC 20549-1090. The OMB has reviewed this collection of information
under the clearance requirements of 44 U.S.C. 3507.



ITEM 1. PROXY VOTING RECORD.

Registrant : 811-21515

Fund Name : TS&W/Claymore Tax-Advantaged Balanced Fund


________________________________________________________________________________
Cisco Systems, Inc.
Ticker     Security ID:             Meeting Date          Meeting Status
CSCO       CUSIP 17275R102          12/07/2011            Voted
Meeting Type                        Country of Trade
Annual                              United States
Issue No.  Description              Proponent  Mgmt Rec   Vote Cast  For/Against
                                                                      Mgmt

1          Elect Director Carol A.  MGMT       For        For        For
            Bartz

2          Elect Director M.        MGMT       For        For        For
            Michele Burns

3          Elect Director Michael   MGMT       For        For        For
            D. Capellas

4          Elect Director Larry R.  MGMT       For        For        For
            Carter

5          Elect Director John T.   MGMT       For        For        For
            Chambers

6          Elect Director Brian L.  MGMT       For        For        For
            Halla

7          Elect Director John L.   MGMT       For        For        For
            Hennessy

8          Elect Director Richard   MGMT       For        For        For
            M. Kovacevich

9          Elect Director Roderick  MGMT       For        For        For
            C. McGeary

10         Elect Director Arun      MGMT       For        For        For
            Sarin

11         Elect Director Steven    MGMT       For        For        For
            M. West

12         Elect Director Jerry     MGMT       For        For        For
            Yang

13         Amend Omnibus Stock Plan MGMT       For        For        For

14         Advisory Vote to Ratify  MGMT       For        For        For
            Named Executive
            Officers' Compensation

15         Advisory Vote on Say on  MGMT       One Year   One Year   N/A
            Pay Frequency

16         Ratify Auditors          MGMT       For        For        For

17         Amend Bylaws to          ShrHoldr   Against    Against    For
            Establish a Board
            Committee on
            Environmental
            Sustainability

18         Report on Internet       ShrHoldr   Against    For        Against
            Fragmentation

19         Stock Retention/Holding  ShrHoldr   Against    For        Against
            Period


________________________________________________________________________________
Darden Restaurants, Inc.
Ticker     Security ID:             Meeting Date          Meeting Status
DRI        CUSIP 237194105          09/22/2011            Voted
Meeting Type                        Country of Trade
Annual                              United States
Issue No.  Description              Proponent  Mgmt Rec   Vote Cast  For/Against
                                                                      Mgmt

1.1        Elect Director Leonard   MGMT       For        For        For
            L. Berry

1.2        Elect Director Odie C.   MGMT       For        For        For
            Donald

1.3        Elect Director           MGMT       For        For        For
            Christopher J.
            Fraleigh

1.4        Elect Director Victoria  MGMT       For        For        For
            D. Harker

1.5        Elect Director David H.  MGMT       For        For        For
            Hughes

1.6        Elect Director Charles   MGMT       For        For        For
            A. Ledsinger
            Jr

1.7        Elect Director William   MGMT       For        For        For
            M. Lewis, Jr.

1.8        Elect Director Senator   MGMT       For        For        For
            Connie Mack III

1.9        Elect Director Andrew    MGMT       For        For        For
            H. Madsen

1.10       Elect Director Clarence  MGMT       For        For        For
            Otis, Jr.

1.11       Elect Director Michael   MGMT       For        For        For
            D. Rose

1.12       Director Maria A. Sastre MGMT       For        For        For
2          Amend Qualified          MGMT       For        For        For
            Employee Stock
            Purchase Plan

3          Advisory Vote to Ratify  MGMT       For        For        For
            Named Executive
            Officers' Compensation

4          Advisory Vote on Say on  MGMT       One Year   One Year   N/A
            Pay Frequency

5          Ratify Auditors          MGMT       For        For        For


________________________________________________________________________________
Global Payments Inc.
Ticker     Security ID:             Meeting Date          Meeting Status
GPN        CUSIP 37940X102          09/27/2011            Voted
Meeting Type                        Country of Trade
Annual                              United States
Issue No.  Description              Proponent  Mgmt Rec   Vote Cast  For/Against
                                                                      Mgmt

1.1        Elect Director Paul R.   MGMT       For        For        For
            Garcia

1.2        Elect Director Michael   MGMT       For        For        For
            W. Trapp

1.3        Elect Director Gerald    MGMT       For        For        For
            J. Wilkins

2          Approve Omnibus Stock    MGMT       For        For        For
            Plan

3          Advisory Vote to Ratify  MGMT       For        For        For
            Named Executive
            Officers' Compensation

4          Advisory Vote on Say on  MGMT       One Year   One Year   N/A
            Pay Frequency

5          Ratify Auditors          MGMT       For        For        For


________________________________________________________________________________
Microsoft Corporation
Ticker     Security ID:             Meeting Date          Meeting Status
MSFT       CUSIP 594918104          11/15/2011            Voted
Meeting Type                        Country of Trade
Annual                              United States
Issue No.  Description              Proponent  Mgmt Rec   Vote Cast  For/Against
                                                                      Mgmt

1          Elect Director Steven    MGMT       For        For        For
            A. Ballmer

2          Elect Director Dina      MGMT       For        For        For
            Dublon

3          Elect Director William   MGMT       For        For        For
            H. Gates, III

4          Elect Director Raymond   MGMT       For        For        For
            V. Gilmartin

5          Elect Director Reed      MGMT       For        For        For
            Hastings

6          Elect Director Maria M.  MGMT       For        For        For
            Klawe

7          Elect Director David F.  MGMT       For        For        For
            Marquardt

8          Elect Director Charles   MGMT       For        For        For
            H. Noski

9          Elect Director Helmut    MGMT       For        For        For
            Panke

10         Advisory Vote to Ratify  MGMT       For        For        For
            Named Executive
            Officers' Compensation

11         Advisory Vote on Say on  MGMT       One Year   One Year   N/A
            Pay Frequency

12         Ratify Auditors          MGMT       For        For        For
13         Amend Bylaws to          ShrHoldr   Against    Against    For
            Establish a Board
            Committee on
            Environmental
            Sustainability


________________________________________________________________________________
Parker-Hannifin Corporation
Ticker     Security ID:             Meeting Date          Meeting Status
PH         CUSIP 701094104          10/26/2011            Voted
Meeting Type                        Country of Trade
Annual                              United States
Issue No.  Description              Proponent  Mgmt Rec   Vote Cast  For/Against
                                                                      Mgmt

1.1        Elect Director Robert    MGMT       For        For        For
            G. Bohn

1.2        Elect Director Linda S.  MGMT       For        For        For
            Harty

1.3        Elect Director William   MGMT       For        For        For
            E. Kassling

1.4        Elect Director Robert    MGMT       For        For        For
            J. Kohlhepp

1.5        Elect Director           MGMT       For        For        For
            Klaus-Peter Muller

1.6        Elect Director Candy M.  MGMT       For        For        For
            Obourn

1.7        Elect Director Joseph    MGMT       For        For        For
            M. Scaminace

1.8        Elect Director Wolfgang  MGMT       For        For        For
            R. Schmitt

1.9        Elect Director Ake       MGMT       For        For        For
            Svensson

1.10       Elect Director James L.  MGMT       For        For        For
            Wainscott

1.11       Elect Director Donald    MGMT       For        For        For
            E. Washkewicz

2          Ratify Auditors          MGMT       For        For        For
3          Advisory Vote to Ratify  MGMT       For        For        For
            Named Executive
            Officers' Compensation

4          Advisory Vote on Say on  MGMT       One Year   One Year   N/A
            Pay Frequency

5          Require Independent      ShrHoldr   Against    Against    For
            Board Chairman


________________________________________________________________________________
Symantec Corporation
Ticker     Security ID:             Meeting Date          Meeting Status
SYMC       CUSIP 871503108          10/25/2011            Voted
Meeting Type                        Country of Trade
Annual                              United States
Issue No.  Description              Proponent  Mgmt Rec   Vote Cast  For/Against
                                                                      Mgmt

1          Elect Director Stephen   MGMT       For        For        For
            M. Bennett

2          Elect Director Michael   MGMT       For        For        For
            A. Brown

3          Elect Director Frank E.  MGMT       For        For        For
            Dangeard

4          Elect Director           MGMT       For        For        For
            Geraldine B. Laybourne

5          Elect Director David L.  MGMT       For        For        For
            Mahoney

6          Elect Director Robert    MGMT       For        For        For
            S. Miller

7          Elect Director Enrique   MGMT       For        For        For
            Salem

8          Elect Director Daniel    MGMT       For        For        For
            H. Schulman

9          Elect Director V. Paul   MGMT       For        For        For
            Unruh

10         Ratify Auditors          MGMT       For        For        For
11         Amend Outside Director   MGMT       For        For        For
            Stock Awards/Options
            in Lieu of Cash

12         Advisory Vote to Ratify  MGMT       For        For        For
            Named Executive
            Officers' Compensation

13         Advisory Vote on Say on  MGMT       One Year   One Year   N/A
            Pay Frequency

14         Amend                    ShrHoldr   Against    For        Against
            Articles/Bylaws/Charter
            -- Call Special
            Meetings


________________________________________________________________________________
Unilever NV
Ticker     Security ID:             Meeting Date          Meeting Status
UNA        CUSIP N8981F271          09/16/2011            Voted
Meeting Type                        Country of Trade
Special                             Netherlands
Issue No.  Description              Proponent  Mgmt Rec   Vote Cast  For/Against
                                                                      Mgmt

1          Authorize Board to       MGMT       For        For        For
            Repurchase Outstanding
            6 Percent and 7
            Percent Cumulative
            Preference Shares


________________________________________________________________________________
Vodafone Group plc
Ticker     Security ID:             Meeting Date          Meeting Status
VOD        CUSIP G93882135          07/26/2011            Voted
Meeting Type                        Country of Trade
Annual                              United Kingdom
Issue No.  Description              Proponent  Mgmt Rec   Vote Cast  For/Against
                                                                      Mgmt

1          Accept Financial         MGMT       For        For        For
            Statements and
            Statutory Reports

2          Elect Gerard             MGMT       For        For        For
            Kleisterlee as
            Director

3          Re-elect John Buchanan   MGMT       For        For        For
            as Director

4          Re-elect Vittorio Colao  MGMT       For        For        For
            as Director

5          Re-elect Michel Combes   MGMT       For        For        For
            as Director

6          Re-elect Andy Halford    MGMT       For        For        For
            as Director

7          Re-elect Stephen Pusey   MGMT       For        For        For
            as Director

8          Elect Renee James as     MGMT       For        For        For
            Director

9          Re-elect Alan Jebson as  MGMT       For        For        For
            Director

10         Re-elect Samuel Jonah    MGMT       For        For        For
            as Director

11         Re-elect Nick Land as    MGMT       For        For        For
            Director

12         Re-elect Anne            MGMT       For        For        For
            Lauvergeon as Director

13         Re-elect Luc Vandevelde  MGMT       For        For        For
            as Director

14         Re-elect Anthony Watson  MGMT       For        For        For
            as Director

15         Re-elect Philip Yea as   MGMT       For        For        For
            Director

16         Approve Final Dividend   MGMT       For        For        For

17         Approve Remuneration     MGMT       For        For        For
            Report

18         Reappoint Deloitte LLP   MGMT       For        For        For
            as Auditors

19         Authorise Audit          MGMT       For        For        For
            Committee to Fix
            Remuneration of
            Auditors

20         Authorise Issue of       MGMT       For        For        For
            Equity with
            Pre-emptive Rights

21         Authorise Issue of       MGMT       For        For        For
            Equity without
            Pre-emptive Rights

22         Authorise Market         MGMT       For        For        For
            Purchase

23         Authorise the Company    MGMT       For        For        For
            to Call EGM with Two
            Weeks' Notice


________________________________________________________________________________
Xilinx, Inc.
Ticker     Security ID:             Meeting Date          Meeting Status
XLNX       CUSIP 983919101          08/10/2011            Voted
Meeting Type                        Country of Trade
Annual                              United States
Issue No.  Description              Proponent  Mgmt Rec   Vote Cast  For/Against
                                                                      Mgmt

1          Elect Director Philip    MGMT       For        For        For
            T. Gianos

2          Elect Director Moshe N.  MGMT       For        For        For
            Gavrielov

3          Elect Director John L.   MGMT       For        For        For
            Doyle

4          Elect Director Jerald    MGMT       For        For        For
            G. Fishman

5          Elect Director William   MGMT       For        For        For
            G. Howard, Jr.

6          Elect Director J.        MGMT       For        For        For
            Michael Patterson

7          Elect Director Albert    MGMT       For        For        For
            A. Pimentel

8          Elect Director Marshall  MGMT       For        For        For
            C. Turner

9          Elect Director           MGMT       For        For        For
            Elizabeth W.
            Vanderslice

10         Amend Qualified          MGMT       For        For        For
            Employee Stock
            Purchase Plan

11         Amend Omnibus Stock Plan MGMT       For        For        For

12         Amend Omnibus Stock Plan MGMT       For        For        For

13         Advisory Vote to Ratify  MGMT       For        For        For
            Named Executive
            Officers' Compensation

14         Advisory Vote on Say on  MGMT       One Year   One Year   N/A
            Pay Frequency

15         Ratify Auditors          MGMT       For        For        For




                                   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.


TS&W / Claymore Tax-Advantaged Balanced Fund
--------------------------------------------


By:      /s/ Kevin M. Robinson
    --------------------------
Name:    Kevin M. Robinson
Title:   Chief Executive Officer
Date:    August 8, 2012