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: 811-09709
NAME OF REGISTRANT: Highland Floating Rate Advantage
Fund
ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: NexBank Tower
13455 Noel Road, Suite 800
Dallas, TX 75240
NAME AND ADDRESS OF AGENT FOR SERVICE: R. Joseph Dougherty
Highland Capital Management, L.P.
NexBank Tower
13455 Noel Road, Suite 800
Dallas, TX 75240
REGISTRANT'S TELEPHONE NUMBER: 877-665-1287
DATE OF FISCAL YEAR END: 06/30
DATE OF REPORTING PERIOD: 07/01/2009 - 06/30/2010
Highland Floating Rate Advantage Fund
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There is no proxy voting activity for the fund, as the fund did not hold any votable
positions during the reporting period.
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) Highland Floating Rate Advantage Fund
By (Signature) /s/ R. Joseph Dougherty
Name R. Joseph Dougherty
Title Chief Executive Officer and President
Date 08/26/2010