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                                  UNITED STATES
                       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 811-05639

                         Pacholder High Yield Fund, Inc.
               (Exact name of registrant as specified in charter)

            270 Park Avenue, New York, NY                     10017
        (Address of principal executive offices)            (Zip code)

      JPMorgan Funds Management, Inc., 270 Park Avenue, New York, NY 10017
                     (Name and address of agent for service)

Registrant's telephone number, including area code:  1-877-217-9502

Date of fiscal year end:  December 31

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

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Item 1. Proxy Voting Record





******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-05639
Reporting Period: 07/01/2011 - 06/30/2012
Pacholder High Yield Fund, Inc.









======================= Pacholder High Yield Fund, Inc. ========================


ABITIBIBOWATER INC.

Ticker:       ABH            Security ID:  003687209
Meeting Date: MAY 23, 2012   Meeting Type: Annual
Record Date:  APR 03, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard B. Evans         For       For          Management
1.2   Elect Director Richard D. Falconer      For       For          Management
1.3   Elect Director Richard Garneau          For       For          Management
1.4   Elect DirectorJeffrey A. Hearn          For       For          Management
1.5   Elect Director Bradley P. Martin        For       For          Management
1.6   Elect Director Alain Rheaume            For       For          Management
1.7   Elect Director Michael S. Rousseau      For       For          Management
1.8   Elect Director David H. Wilkins         For       For          Management
2     Change Company Name                     For       For          Management
3     Ratify Auditors                         For       For          Management
4     Advisory Vote to Ratify Named           For       For          Management
      Executive Officers' Compensation


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CAPMARK FINANCIAL GROUP INC.

Ticker:       CPMK           Security ID:  140661109
Meeting Date: MAY 16, 2012   Meeting Type: Annual
Record Date:  MAR 19, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Charles H. Cremens       For       Withhold     Management
1.2   Elect Director Eugene I. Davis          For       Withhold     Management
1.3   Elect Director Thomas L. Fairfield      For       Withhold     Management
1.4   Elect Director William C. Gallagher     For       Withhold     Management
1.5   Elect Director Michael Hegarty          For       Withhold     Management
1.6   Elect Director Thomas F. Maher          For       For          Management
1.7   Elect Director John S. Poelker          For       Withhold     Management
1.8   Elect Director Scott A. Schroepfer      For       For          Management


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GENERAL MARITIME CORPORATION

Ticker:       GMRRQ          Security ID:  370290AF5
Meeting Date: APR 25, 2012   Meeting Type: Written Consent
Record Date:  FEB 28, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     The Plan-class 7a Claims                None      Did Not Vote Management
2     Opt Out Of The Release                  None      Did Not Vote Management
      Provisions-class 7a Claims
3     The Plan-class 7b Claims                None      Did Not Vote Management
4     Opt Out Of The Release                  None      Did Not Vote Management
      Provisions-class 7b Claims


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GENERAL MARITIME CORPORATION

Ticker:       GMRRQ          Security ID:  370290AF5
Meeting Date: APR 25, 2012   Meeting Type: Written Consent
Record Date:  MAR 29, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     The Plan                                For       For          Management
2     Opt Out Of The Release Provisions       For       Abstain      Management


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GENERAL MOTORS COMPANY

Ticker:       GM             Security ID:  37045V100
Meeting Date: JUN 12, 2012   Meeting Type: Annual
Record Date:  APR 13, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Elect Director Daniel F. Akerson        For       For          Management
2     Elect Director David Bonderman          For       Against      Management
3     Elect Director Erroll B. Davis, Jr.     For       For          Management
4     Elect Director Stephen J. Girsky        For       For          Management
5     Elect Director E. Neville Isdell        For       For          Management
6     Elect Director Robert D. Krebs          For       For          Management
7     Elect Director Philip A. Laskawy        For       Against      Management
8     Elect Director Kathryn V. Marinello     For       For          Management
9     Elect Director James J. Mulva           For       For          Management
10    Elect Director Patricia F. Russo        For       For          Management
11    Elect Director Thomas M. Schoewe        For       For          Management
12    Elect Director Carol M. Stephenson      For       For          Management
13    Elect Director Theodore M. Solso        For       For          Management
14    Elect Director Cynthia A. Telles        For       For          Management
15    Ratify Auditors                         For       For          Management
16    Advisory Vote to Ratify Named           For       For          Management
      Executive Officers' Compensation


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GENON ENERGY, INC.

Ticker:       GEN            Security ID:  37244E107
Meeting Date: MAY 09, 2012   Meeting Type: Annual
Record Date:  MAR 12, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Elect Director E. Spencer Abraham       For       For          Management
2     Elect Director Terry G. Dallas          For       For          Management
3     Elect Director Thomas H. Johnson        For       For          Management
4     Elect Director Steven L. Miller         For       For          Management
5     Elect Director Elizabeth A. Moler       For       For          Management
6     Elect Director Edward R. Muller         For       For          Management
7     Elect Director Robert C. Murray         For       For          Management
8     Elect Director Laree E. Perez           For       For          Management
9     Elect Director Evan J. Silverstein      For       For          Management
10    Elect Director William L. Thacker       For       For          Management
11    Ratify Auditors                         For       For          Management
12    Advisory Vote to Ratify Named           For       For          Management
      Executive Officers' Compensation
13    Adopt Quantitative Goals for GHG and    Against   For          Shareholder
      Other Air Emissions


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LYONDELLBASELL INDUSTRIES N.V.

Ticker:       LYB            Security ID:  N53745100
Meeting Date: MAY 09, 2012   Meeting Type: Annual
Record Date:  APR 11, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1a    Elect Robin Buchanan as Class II        For       For          Management
      Director to the Supervisory Board
1b    Elect Stephen F. Cooper as Class II     For       For          Management
      Director to the Supervisory Board
1c    Elect Robert G. Gwin as Class II        For       For          Management
      Director to the Supervisory Board
1d    Elect Marvin O. Schlanger as Class II   For       For          Management
      Director to the Supervisory Board
2     Approve Financial Statements and        For       For          Management
      Statutory Reports
3     Approve Discharge of Management Board   For       For          Management
4     Approve Discharge of Supervisory Board  For       For          Management
5     Ratify PricewaterhouseCoopers as        For       For          Management
      Auditors
6     Ratify PricewaterhouseCoopers as        For       For          Management
      Auditors
7     Approve Remuneration of Supervisory     For       Against      Management
      Board
8     Approve Dividends of USD 0.25 Per Share For       For          Management
9     Approve Remuneration Report Containing  For       For          Management
      Remuneration Policy for Management
      Board Members
10    Amend Omnibus Stock Plan                For       For          Management
11    Approve Qualified Employee Stock        For       For          Management
      Purchase Plan


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MAGNACHIP SEMICONDUCTOR CORPORATION

Ticker:       MX             Security ID:  55933J203
Meeting Date: MAY 30, 2012   Meeting Type: Annual
Record Date:  APR 12, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Ilbok Lee                For       For          Management
1.2   Elect Director R. Douglas Norby         For       Withhold     Management
2     Advisory Vote to Ratify Named           For       For          Management
      Executive Officers' Compensation
3     Advisory Vote on Say on Pay Frequency   Three     One Year     Management
                                              Years
4     Ratify Auditors                         For       For          Management


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NEBRASKA BOOK COMPANY INC

Ticker:       - -            Security ID:  639579AF8
Meeting Date: MAY 21, 2012   Meeting Type: Written Consent
Record Date:  APR 05, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     The Plan                                For       For          Management
2     Elect To Opt Out Of The Release         For       Abstain      Management
      Provisions


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NEBRASKA BOOK COMPANY INC

Ticker:       - -            Security ID:  639579AJ0
Meeting Date: MAY 21, 2012   Meeting Type: Written Consent
Record Date:  APR 05, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     The Plan                                For       For          Management
2     Elect To Opt Out Of The Release         For       Abstain      Management
      Provisions


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QUAD/GRAPHICS, INC.

Ticker:       QUAD           Security ID:  747301109
Meeting Date: MAY 14, 2012   Meeting Type: Annual
Record Date:  MAR 23, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director William J. Abraham, Jr.  For       Withhold     Management
1.2   Elect Director Douglas P. Buth          For       For          Management
1.3   Elect Director Christopher B. Harned    For       Withhold     Management
1.4   Elect Director Betty Ewens Quadracci    For       Withhold     Management
1.5   Elect Director J. Joel Quadracci        For       Withhold     Management
1.6   Elect Director Thomas O. Ryder          For       For          Management
1.7   Elect Director John S. Shiely           For       For          Management
2     Amend Omnibus Stock Plan                For       For          Management


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SEVAN MARINE ASA

Ticker:       SEVAN          Security ID:  R776D4AD5
Meeting Date: AUG 05, 2011   Meeting Type: Bondholder
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Summons                         For       Did Not Vote Management
2     Approve Agenda                          For       Did Not Vote Management
3     Elect Minutes Keepers                   For       Did Not Vote Management
4     Concent to Board's Proposals Regarding  For       Did Not Vote Management
      Restructuring of Loans


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SEVAN MARINE ASA

Ticker:       SEVAN          Security ID:  R776D4AD5
Meeting Date: NOV 10, 2011   Meeting Type: Bondholder
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Summons                         For       Did Not Vote Management
2     Approve Agenda                          For       Did Not Vote Management
3     Elect Minutes Keepers                   For       Did Not Vote Management
4     Approve Proposals and Specific          For       Did Not Vote Management
      Resolutions


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SPANISH BROADCASTING SYSTEM, INC.

Ticker:       SBSA           Security ID:  846425841
Meeting Date: JUN 07, 2012   Meeting Type: Annual
Record Date:  APR 09, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Raul Alarcon             For       Withhold     Management
1.2   Elect Director Joseph A. Garcia         For       Withhold     Management
1.3   Elect Director Manuel E. Machado        For       For          Management
1.4   Elect Director Jason L. Shrinsky        For       For          Management
1.5   Elect Director Jose A. Villamil         For       For          Management
1.6   Elect Director Mitchell A. Yelen        For       For          Management


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STRATUS TECHNOLOGIES BERMUDA LTD.

Ticker:       - -            Security ID:  894992C95
Meeting Date: AUG 05, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       Did Not Vote Management
      Statutory Reports (Voting)
2     Ratify PricewaterhouseCoopers as        For       Did Not Vote Management
      Auditors
3     Fix Number of Directors at 15           For       Did Not Vote Management
4     Elect Directors (Bundled)               For       Did Not Vote Management
5     Authorize Board to Fill Vacancies       For       Did Not Vote Management
6     Elect Alternate Directors               For       Did Not Vote Management


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STRATUS TECHNOLOGIES BERMUDA LTD.

Ticker:       - -            Security ID:  899991129
Meeting Date: AUG 05, 2011   Meeting Type: Annual
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and         For       Did Not Vote Management
      Statutory Reports (Voting)
2     Ratify PricewaterhouseCoopers as        For       Did Not Vote Management
      Auditors
3     Fix Number of Directors at 15           For       Did Not Vote Management
4     Elect Directors (Bundled)               For       Did Not Vote Management
5     Authorize Board to Fill Vacancies       For       Did Not Vote Management
6     Elect Alternate Directors               For       Did Not Vote Management


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STRATUS TECHNOLOGIES BERMUDA LTD.

Ticker:       - -            Security ID:  894992C95
Meeting Date: AUG 05, 2011   Meeting Type: Special
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Acknowledge Proper Convening of Meeting For       Did Not Vote Management
2     Accept Financial Statements and         For       Did Not Vote Management
      Statutory Reports (Voting)
3     Appoint PricewaterhouseCoopers as       For       Did Not Vote Management
      Auditors
4     Fix Number of Directors at 15 (Fifteen) For       Did Not Vote Management
5     Approve Appointment of Directors and    For       Did Not Vote Management
      Officers
6     Authorize Board to Ratify and Execute   For       Did Not Vote Management
      Approved Resolutions


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STRATUS TECHNOLOGIES BERMUDA LTD.

Ticker:       - -            Security ID:  899991129
Meeting Date: AUG 05, 2011   Meeting Type: Special
Record Date:

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Acknowledge Proper Convening of Meeting For       Did Not Vote Management
2     Accept Financial Statements and         For       Did Not Vote Management
      Statutory Reports (Voting)
3     Appoint PricewaterhouseCoopers as       For       Did Not Vote Management
      Auditors
4     Fix Number of Directors at 15 (Fifteen) For       Did Not Vote Management
5     Approve Appointment of Directors and    For       Did Not Vote Management
      Officers
6     Authorize Board to Ratify and Execute   For       Did Not Vote Management
      Approved Resolutions


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U.S. CONCRETE, INC.

Ticker:       USCR           Security ID:  90333L201
Meeting Date: AUG 16, 2011   Meeting Type: Annual
Record Date:  JUN 07, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Eugene I. Davis          For       Withhold     Management
1.2   Elect Director Michael W. Harlan        For       For          Management
1.3   Elect Director Kurt M. Cellar           For       For          Management
1.4   Elect Director Michael D. Lundin        For       For          Management
1.5   Elect Director Robert M. Rayner         For       For          Management
1.6   Elect Director Colin M. Sutherland      For       For          Management
2     Ratify Auditors                         For       For          Management


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U.S. CONCRETE, INC.

Ticker:       USCR           Security ID:  90333L201
Meeting Date: MAY 07, 2012   Meeting Type: Annual
Record Date:  MAR 13, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Eugene I. Davis          For       Withhold     Management
1.2   Elect Director William J. Sandbrook     For       For          Management
1.3   Elect Director Kurt M. Cellar           For       Withhold     Management
1.4   Elect Director Michael D. Lundin        For       For          Management
1.5   Elect Director Robert M. Rayner         For       For          Management
1.6   Elect Director Colin M. Sutherland      For       For          Management
1.7   Elect Director Theodore P. Rossi        For       For          Management
2     Ratify Auditors                         For       For          Management
3     Approve Omnibus Stock Plan              For       For          Management


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UNISYS CORPORATION

Ticker:       UIS            Security ID:  909214306
Meeting Date: MAY 01, 2012   Meeting Type: Annual
Record Date:  MAR 02, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Elect Director J. Edward Coleman        For       For          Management
2     Elect Director Alison Davis             For       For          Management
3     Elect Director Nathaniel A. Davis       For       For          Management
4     Elect Director James J. Duderstadt      For       For          Management
5     Elect Director Henry C. Duques          For       For          Management
6     Elect Director Matthew J. Espe          For       For          Management
7     Elect Director Denise K. Fletcher       For       For          Management
8     Elect Director Leslie F. Kenne          For       For          Management
9     Elect Director Lee D. Roberts           For       For          Management
10    Elect Director Paul E. Weaver           For       For          Management
11    Ratify Auditors                         For       For          Management
12    Advisory Vote to Ratify Named           For       For          Management
      Executive Officers' Compensation

========== 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.

(Registrant)             Pacholder High Yield Fund, Inc.
             -----------------------------------------------------------------

By (Signature and Title) \s\ Patricia A. Maleski
                         ------------------------------------------------------
                         Patricia A. Maleski, President and Principal Executive
                         Officer

Date                     August 29, 2012
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         Pursuant to the requirements of the Investment Company Act of 1940,
this report has been signed below by the principal executive officer on behalf
of the registrant and on the date indicated.

By (Signature and Title  \s\ Patricia A. Maleski
                        -------------------------------------------------------
                         Patricia A. Maleski, President and Principal Executive
                         Officer

Date                     August 29, 2012
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* Print the name and title of each signing officer under his or her signature.