EX-99.77O RULE 10F-3 2 77O.txt RULE 10F-3 For period ending May 31, 2012 Exhibit 77O File number 811-8765 FORM 10f-3 FUND: Managed High Yield Plus Fund Inc. Name of Advisor or Sub-Advisor: UBS Global Asset Management (Americas) Inc. 1. Issuer: Lyondellbasell Ind, NV 6% due 11/15/2021 2. Date of Purchase: November 4, 2011 3. Date offering commenced: November 4, 2011 4. Underwriters from whom purchased: Bank of America Securities LLC 5. "Affiliated Underwriter" managing or participating in syndicate: UBS Investment Bank 6. Aggregate principal amount or number of shares purchased: $3,000,000 (Firmwide) 7. Aggregate principal amount or total number of shares of offering: $1,000,000,000 8. Purchase price (net of fees and expenses):$100 9. Initial public offering price: $100 10. Commission, spread or profit: 2% 11. Have the following conditions been satisfied? YES NO a. The securities are sold in an offering from registration under Section 4(2) of the Securities Act of 1933, Rule 144A or Regulation D. X b. The securities are sold to persons reasonably believed to be qualified institutional buyers (QIBs). X c. The securities are reasonably believed to be eligible for resale to other QIBs. X d. The securities were purchased prior to the end of the first day on which any sales are made (or, if a rights offering, the securities were purchased on or before the fourth day preceding the day on which the offering terminated). X e. The securities were purchased at a price not more than the price paid by each other purchaser in the offering or any concurrent offering. X f. The underwriting was firm commitment underwriting. X g The commission, spread or profit was reasonable and fair in relation to that being received by others for underwriting similar securities during the same period. X h. The issuer of the securities and any predecessor has been in continuous operation for not less than three years. X i. The amount of such securities purchased by the Fund and all other accounts which the Adviser (or Sub-Adviser, if applicable) exercises investment discretion did not exceed 25% of the principal amount of the offering. X j. No Affiliated Underwriter was a direct or indirect participant in or beneficiary of the sales. X Note: Refer to the Rule 10f-3 Procedures for the definitions of the capitalized terms above. In particular, Affiliated Underwriter is defined as UBS AG and its affiliates. In the case of a Fund advised by a Sub-Adviser, Affiliated Underwriter shall also include any brokerage affiliate of the Sub-Adviser. Approved: /s/Matthew A. Iannucci Date: November 14. 2011 Print Name: Matthew A. Iannucci For period ending May 31, 2012 File number 811-8765 FORM 10f-3 FUND: Managed High Yield Plus Fund Inc. Name of Advisor or Sub-Advisor: UBS Global Asset Management (Americas) Inc. 1. Issuer: Virgin Media Finance PLC 5.25% due 02/15/2022 2. Date of Purchase: February 28, 2012 3. Date offering commenced: February 28, 2012 4. Underwriters from whom purchased: Banc of America Securities LLC 5. Affiliated Underwriter managing or participating in syndicate: UBS Investment Bank 6. Aggregate principal amount or number of shares purchased: $5,000,000 firmwide 7. Aggregate principal amount or total number of shares of offering: $500,000,000 8. Purchase price (net of fees and expenses):$100 9. Initial public offering price: $100 10. Commission, spread or profit: 0.9% 11. Have the following conditions been satisfied? YES NO a. The securities are part of an issue registered under the Securities Ct of 1933 that is being offered to the public, or is part of a issue of government securities (as defined in section 2(a)(16) of the 1940 Act). X b. The securities were purchased prior to the end of the first day on which any sales are made (or, if a rights offering, the securities were purchased on or before the fourth day preceding the day on which the offering terminated). X c. The securities were purchased at a price not more than the price paid by each other purchaser in the offering or any concurrent offering. X d. The underwriting was firm commitment underwriting. X e. The commission, spread or profit was reasonable and fair in relation to that being received by others for underwriting similar securities during the same period. X f. The issuer of the securities and any predecessor has been in continuous operation for not less than three years. X g. The amount of such securities purchased by the Fund and all other accounts which the Adviser (or Sub-Adviser, if applicable) exercises investment discretion did not exceed 25% of the principal amount of the offering. X h. No Affiliated Underwriter was a direct or indirect participant in or beneficiary of the sales. X Note: Refer to the Rule 10f-3 Procedures for the definitions of the capitalized terms above. In particular, Affiliated Underwriter is defined as UBS AG and its affiliates. In the case of a Fund advised by a Sub-Adviser, Affiliated Underwriter shall also include any brokerage affiliate of the Sub-Adviser. Approved: /s/Matthew A. Iannucci Date: March 23, 2012 Print Name: Matthew A. Iannucci