Exhibit 77C
For period ending   May 31, 2006


File number 811-8765



Managed High Yield Plus Fund Inc.

On February 3, 2006 the Funds shareholders
elected board members at a special meeting of
shareholders. Pursuant to Instruction 2 of Sub-Item
77C of Form N-SAR, it is not necessary to provide in
this exhibit details concerning shareholder action
regarding the election of directors since there were
no solicitations in opposition to the registrants
nominees and all of the nominees were elected.