UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-PX
                ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
                         MANAGEMENT INVESTMENT COMPANIES

                    Investment Company Act file number 811-09685
                                                           -----

Pioneer High Yield Fund
- ----------------------------------------------------
(Exact name of registrant as specified in charter)

60 State Street Boston, MA  02109
- ----------------------------------------------------
(Address of principal executive offices)

Dorothy Bourassa
60 State Street
Boston, MA  02109
- ----------------------------------------------------
(Name and address of agent for service)

Registrant's telephone number, including area code:  (617) 742-7825

Date of fiscal year end:  October 31

Date of reporting period:  July 1, 2006 to June 30, 2007

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)  Pioneer High Yield Fund

By (Signature and Title)  /s/ John F. Cogan, Jr.
                         -------------------------
                         John F. Cogan, Jr., Chairman and President

Date  August 17, 2007
      ----------------



=========================== PIONEER HIGH YIELD FUND ============================


ABITIBI CONSOLIDATED INC.

Ticker:       A              Security ID:  003924107
Meeting Date: MAY 8, 2007    Meeting Type: Annual/Special
Record Date:  MAR 27, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John Q. Anderson           For       For        Management
1.2   Elect Director Hans P. Black              For       For        Management
1.3   Elect Director Jacques Bougie             For       For        Management
1.4   Elect Director Marlene Davidge            For       For        Management
1.5   Elect Director William E. Davis           For       For        Management
1.6   Elect Director David A. Galloway          For       For        Management
1.7   Elect Director Lise Lachapelle            For       For        Management
1.8   Elect Director Gary J. Lukassen           For       For        Management
1.9   Elect Director John A. Tory               For       For        Management
1.10  Elect Director John W. Weaver             For       For        Management
2     Approve PricewaterhouseCoopers LLP as     For       For        Management
      Auditors and Authorize Board to Fix
      Remuneration of Auditors
3     Amend Stock Option Plan                   For       For        Management


- --------------------------------------------------------------------------------

AIR PRODUCTS & CHEMICALS, INC.

Ticker:       APD            Security ID:  009158106
Meeting Date: JAN 25, 2007   Meeting Type: Annual
Record Date:  NOV 30, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William L. Davis III       For       For        Management
1.2   Elect Director W. Douglas Ford            For       For        Management
1.3   Elect Director Evert Henkes               For       For        Management
1.4   Elect Director Margaret G. Mcglynn        For       Withhold   Management
2     Ratify Auditors                           For       For        Management


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AMPHENOL CORP.

Ticker:       APH            Security ID:  032095101
Meeting Date: MAY 23, 2007   Meeting Type: Annual
Record Date:  APR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stanley L. Clark           For       For        Management
1.2   Elect Director Andrew E. Lietz            For       For        Management
1.3   Elect Director Martin H. Loeffler         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management


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ARCH CHEMICALS, INC.

Ticker:       ARJ            Security ID:  03937R102
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  MAR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard E. Cavanagh        For       For        Management
1.2   Elect Director Michael O. Magdol          For       For        Management
1.3   Elect Director Douglas J. Wetmore         For       For        Management
2     Ratify Auditors                           For       For        Management


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ATMOS ENERGY CORP.

Ticker:       ATO            Security ID:  049560105
Meeting Date: FEB 7, 2007    Meeting Type: Annual
Record Date:  DEC 11, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert W. Best             For       Withhold   Management
1.2   Elect Director Thomas J. Garland          For       For        Management
1.3   Elect Director Phillip E. Nichol          For       For        Management
1.4   Elect Director Charles K. Vaughan         For       Withhold   Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan


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BARRICK GOLD CORP.

Ticker:       ABX            Security ID:  067901108
Meeting Date: MAY 2, 2007    Meeting Type: Annual/Special
Record Date:  MAR 14, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director H. L. Beck                 For       For        Management
1.2   Elect Director C. W. D. Birchall          For       For        Management
1.3   Elect Director D. J. Carty                For       For        Management
1.4   Elect Director G. Cisneros                For       For        Management
1.5   Elect Director M. A. Cohen                For       For        Management
1.6   Elect Director P. A. Crossgrove           For       For        Management
1.7   Elect Director J. W. Crow                 For       For        Management
1.8   Elect Director R. M. Franklin             For       For        Management
1.9   Elect Director P. C. Godsoe               For       For        Management
1.10  Elect Director J. B. Harvey               For       For        Management
1.11  Elect Director B. Mulroney                For       For        Management
1.12  Elect Director A. Munk                    For       For        Management
1.13  Elect Director P. Munk                    For       For        Management
1.14  Elect Director S. J. Shapiro              For       For        Management
1.15  Elect Director G. C. Wilkins              For       For        Management
2     Approve PricewaterhouseCoopers LLP as     For       For        Management
      Auditors and Authorize Board to Fix
      Remuneration of Auditors
3     Amend Stock Option Plan                   For       For        Management


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BECKMAN COULTER, INC.

Ticker:       BEC            Security ID:  075811109
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  FEB 27, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert G. Funari           For       For        Management
1.2   Elect Director Charles A. Haggerty        For       For        Management
1.3   Elect Director William N. Kelley, M.D.    For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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BIO-RAD LABORATORIES, INC.

Ticker:       BIO            Security ID:  090572207
Meeting Date: APR 24, 2007   Meeting Type: Annual
Record Date:  FEB 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Louis Drapeau              For       For        Management
1.2   Elect Director Albert J. Hillman          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


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BRISTOL-MYERS SQUIBB CO.

Ticker:       BMY            Security ID:  110122108
Meeting Date: MAY 1, 2007    Meeting Type: Annual
Record Date:  MAR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Lewis B. Campbell          For       For        Management
2     Elect Director James M. Cornelius         For       For        Management
3     Elect Director Louis J. Freeh             For       For        Management
4     Elect Director Laurie H. Glimcher         For       For        Management
5     Elect Director Michael Grobstein          For       For        Management
6     Elect Director Leif Johansson             For       For        Management
7     Elect Director James D. Robinson III      For       For        Management
8     Elect Director Vicki L. Sato              For       For        Management
9     Elect Director R. Sanders Williams        For       For        Management
10    Ratify Auditors                           For       For        Management
11    Approve Omnibus Stock Plan                For       For        Management
12    Approve Executive Incentive Bonus Plan    For       For        Management
13    Increase Disclosure of Executive          Against   Against    Shareholder
      Compensation
14    Claw-back of Payments under Restatements  Against   Against    Shareholder
15    Restore or Provide for Cumulative Voting  Against   For        Shareholder


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DOW CHEMICAL COMPANY, THE

Ticker:       DOW            Security ID:  260543103
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arnold A. Allemang         For       For        Management
1.2   Elect Director Jacqueline K. Barton       For       For        Management
1.3   Elect Director James A. Bell              For       For        Management
1.4   Elect Director Jeff M. Fettig             For       For        Management
1.5   Elect Director Barbara H. Franklin        For       For        Management
1.6   Elect Director John B. Hess               For       For        Management
1.7   Elect Director Andrew N. Liveris          For       For        Management
1.8   Elect Director Geoffery E. Merszei        For       For        Management
1.9   WITHDRAWN                                 None      Withhold   Management
1.10  Elect Director James M. Ringler           For       For        Management
1.11  Elect Director Ruth G. Shaw               For       For        Management
1.12  Elect Director Paul G. Stern              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Reduce Supermajority Vote Requirement     For       For        Management
4     Report on Remediation Policies in Bhopal  Against   Against    Shareholder
5     Report on Genetically Modified Organisms  Against   Against    Shareholder
6     Report on Environmental Remediation       Against   Against    Shareholder
7     Evaluate Potential Links Between Company  Against   Against    Shareholder
      Products and Asthma


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EQUITY OFFICE PROPERTIES TRUST

Ticker:       EOP            Security ID:  294741103
Meeting Date: FEB 7, 2007    Meeting Type: Special
Record Date:  DEC 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


- --------------------------------------------------------------------------------

FEI COMPANY

Ticker:       FEIC           Security ID:  30241L109
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  APR 10, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael J. Attardo         For       For        Management
1.2   Elect Director Lawrence A. Bock           For       For        Management
1.3   Elect Director Wilfred J. Corrigan        For       For        Management
1.4   Elect Director Don R. Kania               For       For        Management
1.5   Elect Director Thomas F. Kelly            For       For        Management
1.6   Elect Director William W. Lattin          For       For        Management
1.7   Elect Director Jan C. Lobbezoo            For       For        Management
1.8   Elect Director Gerhard H. Parker          For       For        Management
1.9   Elect Director James T. Richardson        For       For        Management
1.10  Elect Director Donald R. VanLuvanee       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

FISHER SCIENTIFIC INTERNATIONAL INC.

Ticker:       FSH            Security ID:  338032204
Meeting Date: AUG 30, 2006   Meeting Type: Special
Record Date:  JUL 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


- --------------------------------------------------------------------------------

GENERAL CABLE CORP.

Ticker:       BGC            Security ID:  369300108
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John E. Welsh, III        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management


- --------------------------------------------------------------------------------

GENERAL CABLE CORP.

Ticker:       BGC            Security ID:  369300306
Meeting Date: MAY 10, 2007   Meeting Type: Annual
Record Date:  MAR 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John E. Welsh, III        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management


- --------------------------------------------------------------------------------

GENERAL GROWTH PROPERTIES, INC.

Ticker:       GGP            Security ID:  370021107
Meeting Date: MAY 15, 2007   Meeting Type: Annual
Record Date:  MAR 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John Bucksbaum             For       For        Management
1.2   Elect Director Alan Cohen                 For       For        Management
1.3   Elect Director Anthony Downs              For       For        Management
2     Amend Nonqualified Employee Stock         For       For        Management
      Purchase Plan
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   For        Shareholder


- --------------------------------------------------------------------------------

HOST HOTELS & RESORTS, INC.

Ticker:       HST            Security ID:  44107P104
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Roberts M. Baylis          For       For        Management
2     Elect Director Terence C. Golden          For       Against    Management
3     Elect Director Ann M. Korologos           For       For        Management
4     Elect Director Richard E. Marriott        For       For        Management
5     Elect Director Judith A. Mchale           For       For        Management
6     Elect Director John B. Morse Jr           For       For        Management
7     Elect Director Christopher J. Nassetta    For       For        Management
8     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

ITT CORP.

Ticker:       ITT            Security ID:  450911102
Meeting Date: MAY 8, 2007    Meeting Type: Annual
Record Date:  MAR 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Steven R. Loranger         For       For        Management
1.2   Elect Director Curtis J. Crawford         For       For        Management
1.3   Elect Director Christina A. Gold          For       For        Management
1.4   Elect Director Ralph F. Hake              For       For        Management
1.5   Elect Director John J. Hamre              For       For        Management
1.6   Elect Director Raymond W. LeBoeuf         For       For        Management
1.7   Elect Director Frank T. MacInnis          For       For        Management
1.8   Elect Director Linda S. Sanford           For       For        Management
1.9   Elect Director Markos I. Tambakeras       For       For        Management
2     Ratify Auditors                           For       For        Management


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KINDER MORGAN, INC.

Ticker:       KMI            Security ID:  49455P101
Meeting Date: DEC 19, 2006   Meeting Type: Special
Record Date:  NOV 8, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


- --------------------------------------------------------------------------------

LAZARD LTD

Ticker:       LAZ            Security ID:  G54050102
Meeting Date: MAY 8, 2007    Meeting Type: Annual
Record Date:  MAR 21, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ellis Jones               For       For        Management
1.2   Elect  Director Anthony Orsatelli         For       For        Management
1.3   Elect  Director Hal S. Scott              For       For        Management
2     RATIFICATION OF APPOINTMENT OF DELOITTE & For       For        Management
      TOUCHE LLP AS OUR INDEPENDENT REGISTERED
      PUBLIC ACCOUNTING FIRM FOR 2007 AND
      AUTHORIZATION OF LAZARD LTD S BOARD OF
      DIRECTORS, ACTING BY THE AUDIT COMMITTEE,
      TO SET THEIR RENUMERATION.


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LENNOX INTERNATIONAL, INC.

Ticker:       LII            Security ID:  526107107
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 26, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Todd M. Bluedorn           For       For        Management
1.2   Elect Director Janet K. Cooper            For       For        Management
1.3   Elect Director C.L. (Jerry) Henry         For       For        Management
1.4   Elect Director Terry D. Stinson           For       For        Management
1.5   Elect Director Richard L. Thompson        For       For        Management
2     Organization Related- Issuance of Shares  For       For        Management
      pursuant to an Agreement and Plan of
      Reorganization


- --------------------------------------------------------------------------------

LIBERTY PROPERTY TRUST

Ticker:       LRY            Security ID:  531172104
Meeting Date: MAY 17, 2007   Meeting Type: Annual
Record Date:  MAR 20, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director J. Anthony Hayden          For       For        Management
1.2   Elect Director M. Leanne Lachman          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

MACK-CALI REALTY CORP.

Ticker:       CLI            Security ID:  554489104
Meeting Date: MAY 23, 2007   Meeting Type: Annual
Record Date:  APR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Alan S. Bernikow           For       For        Management
1.2   Elect Director Kenneth M. Duberstein      For       For        Management
1.3   Elect Director Vincent Tese               For       For        Management
1.4   Elect Director Roy J. Zuckerberg          For       Withhold   Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

NATIONAL FUEL GAS CO.

Ticker:       NFG            Security ID:  636180101
Meeting Date: FEB 15, 2007   Meeting Type: Annual
Record Date:  DEC 18, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Philip C. Ackerman         For       For        Management
1.2   Elect Director Craig G. Matthews          For       For        Management
1.3   Elect Director Richard G. Reiten          For       For        Management
1.4   Elect Director David F. Smith             For       For        Management
1.5   Elect Director Stephen E. Ewing           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management
5     Non-Employee Director Compensation        Against   Against    Shareholder


- --------------------------------------------------------------------------------

NRG ENERGY INC

Ticker:       NRG            Security ID:  629377508
Meeting Date: APR 25, 2007   Meeting Type: Annual
Record Date:  MAR 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David Crane                For       For        Management
1.2   Elect Director Stephen L. Cropper         For       For        Management
1.3   Elect Director Maureen Miskovic           For       For        Management
1.4   Elect Director Thomas H. Weidemeyer       For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PARKER-HANNIFIN CORP.

Ticker:       PH             Security ID:  701094104
Meeting Date: OCT 25, 2006   Meeting Type: Annual
Record Date:  AUG 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert J. Kohlhepp         For       For        Management
1.2   Elect Director Giulio Mazzalupi           For       For        Management
1.3   Elect Director Klaus-Peter Mueller        For       For        Management
1.4   Elect Director Markos I. Tambakeras       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   For        Shareholder


- --------------------------------------------------------------------------------

PDL BIOPHARMA INC

Ticker:       PDLI           Security ID:  69329Y104
Meeting Date: JUN 20, 2007   Meeting Type: Annual
Record Date:  APR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Laurence J. Korn           For       For        Management
1.2   Elect Director Samuel Broder              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PUBLIC SERVICE ENTERPRISE GROUP INC.

Ticker:       PEG            Security ID:  744573106
Meeting Date: APR 17, 2007   Meeting Type: Annual
Record Date:  FEB 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ernest H. Drew             For       For        Management
1.2   Elect Director William V. Hickey          For       For        Management
1.3   Elect Director Ralph Izzo                 For       For        Management
1.4   Elect Director Richard J. Swift           For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Declassify the Board of Directors         For       For        Management
5     Eliminate Cumulative Voting               For       For        Management
6     Eliminate Preemptive Rights               For       For        Management
7     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

QUESTAR CORP.

Ticker:       STR            Security ID:  748356102
Meeting Date: MAY 15, 2007   Meeting Type: Annual
Record Date:  MAR 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Teresa Beck                For       For        Management
1.2   Elect Director R.D. Cash                  For       For        Management
1.3   Elect Director  Robert E. McKee           For       For        Management
1.4   Elect Director Gary G. Michael            For       For        Management
1.5   Elect Director Charles B. Stanley         For       For        Management


- --------------------------------------------------------------------------------

RPM INTERNATIONAL INC.

Ticker:       RPM            Security ID:  749685103
Meeting Date: OCT 5, 2006    Meeting Type: Annual
Record Date:  AUG 11, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Bruce A. Carbonari         For       For        Management
1.2   Elect Director James A. Karman            For       For        Management
1.3   Elect Director Donald K. Miller           For       For        Management
1.4   Elect Director Joseph P. Viviano          For       For        Management
2     Approve Restricted Stock Plan             For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


- --------------------------------------------------------------------------------

SAUL CENTERS, INC.

Ticker:       BFS            Security ID:  804395101
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  MAR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Paul X. Kelley             For       For        Management
1.2   Elect Director Charles R. Longsworth      For       For        Management
1.3   Elect Director Patrick F. Noonan          For       For        Management
1.4   Elect Director B. Francis Saul III        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       Against    Management


- --------------------------------------------------------------------------------

SOUTHERN UNION CO.

Ticker:       SUG            Security ID:  844030106
Meeting Date: MAY 1, 2007    Meeting Type: Annual
Record Date:  MAR 16, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David Brodsky              For       For        Management
1.2   Elect Director Frank W. Denius            For       For        Management
1.3   Elect Director Kurt A. Gitter, M.D.       For       For        Management
1.4   Elect Director Herbert H. Jacobi          For       For        Management
1.5   Elect Director Adam M. Lindemann          For       Withhold   Management
1.6   Elect Director George L. Lindemann        For       For        Management
1.7   Elect Director Thomas N. Mccarter, III    For       For        Management
1.8   Elect Director George Rountree, III       For       For        Management
1.9   Elect Director Allan D. Scherer           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

TESORO CORP.

Ticker:       TSO            Security ID:  881609101
Meeting Date: MAY 1, 2007    Meeting Type: Annual
Record Date:  MAR 13, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John F. Bookout, III       For       For        Management
1.2   Elect Director Rodney F. Chase            For       For        Management
1.3   Elect Director Robert W. Goldman          For       For        Management
1.4   Elect Director Steven H. Grapstein        For       For        Management
1.5   Elect Director William J. Johnson         For       For        Management
1.6   Elect Director J.W. (jim) Nokes           For       For        Management
1.7   Elect Director Donald H. Schmude          For       For        Management
1.8   Elect Director Bruce A. Smith             For       For        Management
1.9   Elect Director Michael E. Wiley           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

TEXAS INDUSTRIES, INC.

Ticker:       TXI            Security ID:  882491103
Meeting Date: OCT 17, 2006   Meeting Type: Annual
Record Date:  AUG 21, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Gordon E. Forward          For       For        Management
1.2   Elect Director Keith W. Hughes            For       For        Management
1.3   Elect Director Henry H. Mauz, Jr.         For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       Against    Management


- --------------------------------------------------------------------------------

THERMO ELECTRON CORP.

Ticker:       TMO            Security ID:  883556102
Meeting Date: AUG 30, 2006   Meeting Type: Special
Record Date:  JUL 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition
2     Amend Articles/Increase Authorized Common For       For        Management
      Stock and Change Company Name


- --------------------------------------------------------------------------------

THERMO FISHER SCIENTIFIC INC.

Ticker:       TMO            Security ID:  883556102
Meeting Date: MAY 15, 2007   Meeting Type: Annual
Record Date:  MAR 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Marijn E. Dekkers          For       For        Management
2     Approve Qualified Employee Stock Purchase For       For        Management
      Plan
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

WGL HOLDINGS, INC.

Ticker:       WGL            Security ID:  92924F106
Meeting Date: MAR 1, 2007    Meeting Type: Annual
Record Date:  JAN 10, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael D. Barnes         For       For        Management
1.2   Elect  Director George P. Clancy, Jr.     For       For        Management
1.3   Elect  Director J.H. Degraffenreidt, Jr   For       For        Management
1.4   Elect  Director James W. Dyke, Jr.        For       For        Management
1.5   Elect  Director Melvyn J. Estrin          For       For        Management
1.6   Elect  Director James F. Lafond           For       For        Management
1.7   Elect  Director Debra L. Lee              For       For        Management
1.8   Elect  Director Karen Hastie Williams     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Restore or Provide for Cumulative Voting  Against   For        Shareholder
5     Separate Chairman and CEO Positions       Against   Against    Shareholder
6     Disclose Information on Compensation      Against   For        Shareholder
      Consultant

========== END NPX REPORT