U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-PX
Annual Report of Proxy Voting RecorD OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number 811-4103
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Seligman High Income Fund Series on behalf of its:
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Seligman U.S. Government Securities Series
Seligman High-Yield Fund
(Exact name of registrant as specified charter)
100 Park Avenue, New York, NY 10017
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(Address of principal executive offices) (Zip code)
Lawrence P. Vogel, Treasurer
100 Park Avenue, New York, NY 10017
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(Name and address of agent for service)
Registrant's telephone number, including area code: 212-850-1864
Toll Free: 800-221-2450
Date of fiscal year end: December 31, 2005
Date of reporting period: July 1, 2005 - June 30, 2006
======================= SELIGMAN HIGH-INCOME FUND SERIES =======================
=========================== SELIGMAN HIGH-YIELD FUND ===========================
ALCAN INC.
Ticker: AL. Security ID: 013716105
Meeting Date: APR 27, 2006 Meeting Type: Annual
Record Date: FEB 27, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Roland Berger as Director For Did Not Management
Vote
1.2 Elect L. Denis Desautels as Director For Did Not Management
Vote
1.3 Elect Richard Evans as Director For Did Not Management
Vote
1.4 Elect L. Yves Fortier as Director For Did Not Management
Vote
1.5 Elect Jean-Paul Jacamon as Director For Did Not Management
Vote
1.6 Elect Yves Mansion as Director For Did Not Management
Vote
1.7 Elect Gwyn Morgan as Director For Did Not Management
Vote
1.8 Elect Christine Morin-Postel as Director For Did Not Management
Vote
1.9 Elect H. Onno Ruding as Director For Did Not Management
Vote
1.10 Elect Guy Saint-Pierre as Director For Did Not Management
Vote
1.11 Elect Gerhard Schulmeyer as Director For Did Not Management
Vote
1.12 Elect Paul Tellier as Director For Did Not Management
Vote
1.13 Elect Milton Wong as Director For Did Not Management
Vote
2 Ratify PricewaterhouseCoopers as Auditors For Did Not Management
Vote
3 Establish Independent Committee to Issue Against Did Not Shareholder
Recommendations on Impact Assessment of Vote
project in Kashipur
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AMERICAN TOWER CORP.
Ticker: AMT Security ID: 029912201
Meeting Date: MAY 11, 2006 Meeting Type: Annual
Record Date: MAR 23, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Raymond P. Dolan For Withhold Management
1.2 Elect Director Carolyn F. Katz For Withhold Management
1.3 Elect Director Gustavo Lara Cantu For Withhold Management
1.4 Elect Director Fred R. Lummis For Withhold Management
1.5 Elect Director Pamela D.A. Reeve For Withhold Management
1.6 Elect Director James D. Taiclet, Jr. For Withhold Management
1.7 Elect Director Samme L. Thompson For Withhold Management
2 Ratify Auditors For For Management
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BE AEROSPACE, INC.
Ticker: BEAV Security ID: 073302101
Meeting Date: JUN 28, 2006 Meeting Type: Annual
Record Date: MAY 2, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Richard G. Hamermesh For Withhold Management
1.2 Elect Director Amin J. Khoury For Withhold Management
2 Amend Omnibus Stock Plan For Against Management
3 Increase Authorized Common Stock For For Management
4 Implement MacBride Principles Against Abstain Shareholder
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CENTURY ALUMINUM COMPANY
Ticker: CENX Security ID: 156431108
Meeting Date: JUN 9, 2006 Meeting Type: Annual
Record Date: MAY 10, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Logan W. Kruger For Withhold Management
1.2 Elect Director Willy R. Strothotte For Withhold Management
1.3 Elect Director Jarl Berntzen For Withhold Management
2 Ratify Auditors For For Management
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CHESAPEAKE ENERGY CORP.
Ticker: CHK Security ID: 165167107
Meeting Date: JUN 9, 2006 Meeting Type: Annual
Record Date: APR 17, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Richard K. Davidson For For Management
1.2 Elect Director Breene M. Kerr For For Management
1.3 Elect Director Charles T. Maxwell For For Management
2 Increase Authorized Common Stock For For Management
3 Amend Omnibus Stock Plan For For Management
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CONSOL ENERGY, INC.
Ticker: CNX Security ID: 20854P109
Meeting Date: MAY 2, 2006 Meeting Type: Annual
Record Date: MAR 7, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director John Whitmire For For Management
1.2 Elect Director Patricia A. Hammick For For Management
1.3 Elect Director J. Brett Harvey For For Management
1.4 Elect Director David C. Hardesty, Jr. For For Management
1.5 Elect Director James E. Altmeyer, Sr. For For Management
1.6 Elect Director John T. Mills For For Management
1.7 Elect Director William E. Davis For For Management
1.8 Elect Director William P. Powell For For Management
1.9 Elect Director Raj K. Gupta For For Management
1.10 Elect Director Joseph T. Williams For For Management
2 Ratify Auditors For For Management
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CORNING INC.
Ticker: GLW Security ID: 219350105
Meeting Date: APR 27, 2006 Meeting Type: Annual
Record Date: FEB 27, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director James B. Flaws For Withhold Management
1.2 Elect Director James R. Houghton For Withhold Management
1.3 Elect Director James J. O'Connor For Withhold Management
1.4 Elect Director Deborah D. Rieman For Withhold Management
1.5 Elect Director Peter F. Volanakis For Withhold Management
1.6 Elect Director Padmasree Warrior For Withhold Management
2 Amend Qualified Employee Stock Purchase For For Management
Plan
3 Amend Executive Incentive Bonus Plan For For Management
4 Approve Non-Employee Director Omnibus For Against Management
Stock Plan
5 Ratify Auditors For For Management
6 Declassify the Board of Directors Against For Shareholder
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CROWN CASTLE INTERNATIONAL CORP.
Ticker: CCI Security ID: 228227104
Meeting Date: MAY 25, 2006 Meeting Type: Annual
Record Date: MAR 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Ari Q. Fitzgerald For Withhold Management
1.2 Elect Director John P. Kelly For Withhold Management
1.3 Elect Director Robert E. Garrison, II For Withhold Management
2 Ratify Auditors For For Management
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E*TRADE FINANCIAL CORP.
Ticker: ET Security ID: 269246104
Meeting Date: MAY 25, 2006 Meeting Type: Annual
Record Date: APR 3, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Michael K. Parks For For Management
1.2 Elect Director Lewis E. Randall For For Management
1.3 Elect Director Stephen H. Willard For For Management
2 Ratify Auditors For For Management
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EL PASO CORP
Ticker: EP Security ID: 28336L109
Meeting Date: MAY 25, 2006 Meeting Type: Annual
Record Date: MAR 27, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Juan Carlos Braniff For For Management
1.2 Elect Director James L. Dunlap For For Management
1.3 Elect Director Douglas L. Foshee For For Management
1.4 Elect Director Robert W. Goldman For For Management
1.5 Elect Director Anthony W. Hall, Jr. For For Management
1.6 Elect Director Thomas R. Hix For For Management
1.7 Elect Director William H. Joyce For For Management
1.8 Elect Director Ronald L. Kuehn, Jr. For For Management
1.9 Elect Director Ferrell P. McClean For For Management
1.10 Elect Director J. Michael Talbert For For Management
1.11 Elect Director Robert F. Vagt For For Management
1.12 Elect Director John L. Whitmire For For Management
1.13 Elect Director Joe B. Wyatt For For Management
2 Provide for Cumulative Voting Against Against Shareholder
3 Increase Disclosure of Executive Against Against Shareholder
Compensation
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FREEPORT-MCMORAN COPPER & GOLD INC.
Ticker: FCX Security ID: 35671D857
Meeting Date: MAY 4, 2006 Meeting Type: Annual
Record Date: MAR 7, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Robert J. Allison, Jr. For Withhold Management
1.2 Elect Director Robert A. Day For Withhold Management
1.3 Elect Director Gerald J. Ford For Withhold Management
1.4 Elect Director H.Devon Graham, Jr. For Withhold Management
1.5 Elect Director J. Bennett Johnston For Withhold Management
1.6 Elect Director Bobby Lee Lackey For Withhold Management
1.7 Elect Director Gabrielle K. McDonald For Withhold Management
1.8 Elect Director James R. Moffet For Withhold Management
1.9 Elect Director B.M. Rankin, Jr. For Withhold Management
1.10 Elect Director J. Stapleton Roy For Withhold Management
1.11 Elect Director J. Taylor Wharton For Withhold Management
2 Ratify Auditors For For Management
3 Approve Omnibus Stock Plan For Against Management
4 Review Payment Policy to Indonesian Against Abstain Shareholder
Military
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FREESCALE SEMICONDUCTOR, INC.
Ticker: FSL Security ID: 35687M107
Meeting Date: APR 21, 2006 Meeting Type: Annual
Record Date: FEB 21, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Kenin Kennedy For For Management
1.2 Elect Director Michael Mayer For For Management
2 Ratify Auditors For For Management
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FRONTIER OIL CORP.
Ticker: FTO Security ID: 35914P105
Meeting Date: APR 26, 2006 Meeting Type: Annual
Record Date: MAR 7, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director James R. Gibbs For Withhold Management
1.2 Elect Director Douglas Y. Bech For Withhold Management
1.3 Elect Director G. Clyde Buck For Withhold Management
1.4 Elect Director T. Michael Dossey For Withhold Management
1.5 Elect Director James H. Lee For Withhold Management
1.6 Elect Director Paul B. Loyd, Jr. For Withhold Management
1.7 Elect Director Michael E. Rose For Withhold Management
2 Amend Omnibus Stock Plan For Against Management
3 Ratify Auditors For For Management
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FRONTIER OIL CORP.
Ticker: FTO Security ID: 35914P105
Meeting Date: JUN 9, 2006 Meeting Type: Special
Record Date: MAY 11, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Increase Authorized Common Stock For For Management
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GRANT PRIDECO INC
Ticker: GRP Security ID: 38821G101
Meeting Date: MAY 10, 2006 Meeting Type: Annual
Record Date: MAR 21, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director David J. Butters For Withhold Management
1.2 Elect Director Eliot M. Fried For Withhold Management
1.3 Elect Director Dennis R. Hendrix For Withhold Management
1.4 Elect Director Harold E. Layman For Withhold Management
1.5 Elect Director Sheldon B. Lubar For Withhold Management
1.6 Elect Director Michael McShane For Withhold Management
1.7 Elect Director Robert K. Moses, Jr. For Withhold Management
1.8 Elect Director Joseph E. Reid For Withhold Management
1.9 Elect Director David A. Trice For Withhold Management
2 Approve Omnibus Stock Plan For For Management
3 Approve Executive Incentive Bonus Plan For For Management
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HEXCEL CORP.
Ticker: HXL Security ID: 428291108
Meeting Date: MAY 11, 2006 Meeting Type: Annual
Record Date: MAR 24, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Joel S. Beckman For For Management
1.2 Elect Director H. Arthur Bellows, Jr. For For Management
1.3 Elect Director David E. Berges For For Management
1.4 Elect Director Lynn Brubaker For For Management
1.5 Elect Director Jeffrey C. Campbell For For Management
1.6 Elect Director Sandra L. Derickson For For Management
1.7 Elect Director David C. Hurley For For Management
1.8 Elect Director Martin L. Solomon For For Management
2 Ratify Auditors For For Management
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HONDA MOTOR CO. LTD.
Ticker: 7267 Security ID: 438128308
Meeting Date: JUN 23, 2006 Meeting Type: Annual
Record Date: MAR 30, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 APPROVAL OF PROPOSAL FOR APPROPRIATION OF For For Management
RETAINED EARNINGS FOR THE 82ND FISCAL
YEAR.
2 PARTIAL AMENDMENTS TO THE ARTICLES OF For For Management
INCORPORATION.
3.1 Elect Director Takeo Fukui For Against Management
3.2 Elect Director Satoshi Aoki For Against Management
3.3 Elect Director Minoru Harada For Against Management
3.4 Elect Director Motoatsu Shiraishi For Against Management
3.5 Elect Director Satoshi Dobashi For Against Management
3.6 Elect Director Atsuyoshi Hyogo For Against Management
3.7 Elect Director Satoshi Toshida For Against Management
3.8 Elect Director Koki Hirashima For Against Management
3.9 Elect Director Koichi Kondo For Against Management
3.10 Elect Director Toru Onda For Against Management
3.11 Elect Director Akira Takano For Against Management
3.12 Elect Director Mikio Yoshimi For Against Management
3.13 Elect Director Shigeru Takagi For Against Management
3.14 Elect Director Hiroshi Kuroda For Against Management
3.15 Elect Director Satoru Kishi For Against Management
3.16 Elect Director Kensaku Hogen For Against Management
3.17 Elect Director Hiroyuki Yoshino For Against Management
3.18 Elect Director Tetsuo Iwamura For Against Management
3.19 Elect Director Tatsuhiro Oyama For Against Management
3.20 Elect Director Fumihiko Ike For Against Management
4 PAYMENT OF BONUS TO DIRECTORS AND For For Management
CORPORATE AUDITORS FOR THE 82ND FISCAL
YEAR.
5 PRESENTATION OF RETIREMENT ALLOWANCE TO For For Management
RETIRING DIRECTOR FOR HIS RESPECTIVE
SERVICES.
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KANSAS CITY SOUTHERN
Ticker: KSU Security ID: 485170302
Meeting Date: MAY 4, 2006 Meeting Type: Annual
Record Date: MAR 6, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Michael R. Haverty For Withhold Management
1.2 Elect Director Thomas A. McDonnell For Withhold Management
2 Ratify Auditors For For Management
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M.D.C. HOLDINGS, INC.
Ticker: MDC Security ID: 552676108
Meeting Date: APR 24, 2006 Meeting Type: Annual
Record Date: FEB 23, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Steven J. Borick For Withhold Management
1.2 Elect Director David D. Mandarich For Withhold Management
1.3 Elect Director David E. Blackford For Withhold Management
2 Increase Authorized Common Stock For Against Management
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OMEGA HEALTHCARE INVESTORS, INC.
Ticker: OHI Security ID: 681936100
Meeting Date: MAY 25, 2006 Meeting Type: Annual
Record Date: APR 21, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Bernard J. Korman For For Management
1.2 Elect Director Thomas F. Franke For For Management
2 Ratify Auditors For For Management
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OVERSEAS SHIPHOLDING GROUP, INC.
Ticker: OSG Security ID: 690368105
Meeting Date: JUN 9, 2006 Meeting Type: Annual
Record Date: APR 17, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Morten Arntzen For For Management
1.2 Elect Director Oudi Recanati For For Management
1.3 Elect Director G. Allen Andreas, III For For Management
1.4 Elect Director Alan R. Batkin For For Management
1.5 Elect Director Thomas B. Coleman For For Management
1.6 Elect Director Charles A. Fribourg For For Management
1.7 Elect Director Stanley Komaroff For For Management
1.8 Elect Director Solomon N. Merkin For For Management
1.9 Elect Director Joel I. Picket For For Management
1.10 Elect Director Ariel Recanati For For Management
1.11 Elect Director Thomas F. Robards For For Management
1.12 Elect Director Jean-Paul Vettier For For Management
1.13 Elect Director Michael J. Zimmerman For For Management
2 Ratify Auditors For For Management
3 Increase Authorized Common Stock For For Management
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PEABODY ENERGY CORP.
Ticker: BTU Security ID: 704549104
Meeting Date: MAY 5, 2006 Meeting Type: Annual
Record Date: MAR 15, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Gregory H. Boyce For Withhold Management
1.2 Elect Director William E. James For Withhold Management
1.3 Elect Director Robert B. Karn, III For Withhold Management
1.4 Elect Director Henry E. Lentz For Withhold Management
1.5 Elect Director Blanche M. Touhill, Ph.D. For Withhold Management
2 Ratify Auditors For For Management
3 Increase Authorized Common Stock For For Management
4 Establish Other Board Committee Against Against Shareholder
5 Require a Majority Vote for the Election Against Against Shareholder
of Directors
6 Declassify the Board of Directors Against For Shareholder
7 Report on Water Pollution Policy Against Abstain Shareholder
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PINNACLE ENTERTAINMENT, INC.
Ticker: PNK Security ID: 723456109
Meeting Date: MAY 10, 2006 Meeting Type: Annual
Record Date: APR 3, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Daniel R. Lee For Withhold Management
1.2 Elect Director John V. Giovenco For Withhold Management
1.3 Elect Director Richard J. Goeglein For Withhold Management
1.4 Elect Director Bruce A. Leslie For Withhold Management
1.5 Elect Director James L. Martineau For Withhold Management
1.6 Elect Director Michael Ornest For Withhold Management
1.7 Elect Director Timothy J. Parrott For Withhold Management
1.8 Elect Director Lynn P. Reitnouer For Withhold Management
2 Amend Omnibus Stock Plan For Against Management
3 Ratify Auditors For For Management
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RURAL CELLULAR CORP.
Ticker: RCCC Security ID: 781904107
Meeting Date: MAY 25, 2006 Meeting Type: Annual
Record Date: MAR 27, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Richard P. Ekstrand For Withhold Management
1.2 Elect Director George W. Wikstrom For Withhold Management
2 Ratify Auditors For For Management
3 Approve Omnibus Stock Plan For Against Management
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SEAGATE TECHNOLOGY
Ticker: STX Security ID: G7945J104
Meeting Date: MAY 17, 2006 Meeting Type: Special
Record Date: APR 11, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 PROPOSAL TO APPROVE THE ISSUANCE OF For For Management
SEAGATE COMMON SHARES PURSUANT TO THE
AGREEMENT AND PLAN OF MERGER, DATED
AS OF DECEMBER 20, 2005 (AS AMENDED,
SUPPLEMENTED OR MODIFIED FROM TIME TO
TIME, THE MERGER AGREEMENT ) BY AND
AMONG SEAGATE TECHNOLOGY, MD MER
2 PROPOSAL TO APPROVE ADJOURNMENT OF THE For For Management
EXTRAORDINARY GENERAL MEETING TO A
LATER DATE OR DATES, IF NECESSARY, TO
SOLICIT ADDITIONAL PROXIES IF THERE
ARE INSUFFICIENT VOTES AT THE TIME OF
THE EXTRAORDINARY GENERAL MEETING TO
APPROVE THE ISSUANCE OF SEAGATE
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TOYOTA MOTOR CORP.
Ticker: 7203 Security ID: 892331307
Meeting Date: JUN 23, 2006 Meeting Type: Annual
Record Date: MAR 30, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 APPROVAL OF PROPOSED APPROPRIATION OF For For Management
RETAINED EARNINGS FOR THE FY2006 TERM
2 PARTIAL AMENDMENT OF THE ARTICLES OF For For Management
INCORPORATION
3 ELECTION OF 26 DIRECTORS For Against Management
4 ELECTION OF 3 CORPORATE AUDITORS For For Management
5 ISSUE OF STOCK ACQUISITION RIGHTS WITHOUT For For Management
CONSIDERATION TO DIRECTORS, MANAGING
OFFICERS AND EMPLOYEES, ETC., OF TOYOTA
MOTOR CORPORATION AND ITS AFFILIATES
6 ACQUISITION OF OWN SHARES For For Management
7 AWARD OF BONUS PAYMENTS TO RETIRING For Against Management
CORPORATE AUDITORS, AND PAYMENT OF THE
FINAL RETIREMENT BONUS TO DIRECTORS DUE
TO THE ABOLISHMENT OF THE RETIREMENT
BONUS SYSTEM FOR DIRECTORS
8 REVISION OF THE AMOUNT OF REMUNERATION For For Management
FOR DIRECTORS
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UNITED STATES STEEL CORP.
Ticker: X Security ID: 912909108
Meeting Date: APR 25, 2006 Meeting Type: Annual
Record Date: FEB 24, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director J. Gary Cooper For Withhold Management
1.2 Elect Director Frank J. Lucchino For Withhold Management
1.3 Elect Director Seth E. Schofield For Withhold Management
1.4 Elect Director John P. Suma For Withhold Management
2 Ratify Auditors For For Management
=================== SELIGMAN U.S. GOVERNMENT SECURITIES FUND ===================
The Registrant did not hold any voting securities and accordingly did not vote
any proxies during the reporting period.
SELIGMAN HIGH INCOME FUND SERIES
Seligman U.S. Government Securities Series
Seligman High-Yield Fund
Pursuant to this requirement 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 on the 28th day of August, 2006.
Signature Title
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/s/ Brian T. Zino President, Director and Chief Executive Officer
- -------------------- (Principal Executive Officer)
Brian T. Zino