Credit Opportunities Fund 07/01/2014 to 06/30/2015 

ICA File Number:  811-22939 

Registrant Name:  T. Rowe Price Credit Opportunities Fund, Inc.

Reporting Period:  07/01/2014 - 06/30/2015 

FORM N-PX 

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT 

INVESTMENT COMPANY 

Investment Company Act file number 811-22939 

T. Rowe Price Credit Opportunities Fund, Inc.

(Exact name of registrant as specified in charter) 

100 East Pratt Street Baltimore, Maryland 21202 

(Address of principal executive offices) 

Darrell N. Braman 

100 East Pratt Street 

Baltimore, Maryland 21202 

(Name and address of agent for service) 

Registrant’s telephone number, including area code: (410) 345-2000 

Date of fiscal year end: 05/31 

Date of reporting period: 07/01/2014 to 06/30/2015 

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) T. Rowe Price Credit Opportunities Fund, Inc. 

By (Signature and Title) /s/ Edward C. Bernard 

                                        Edward C. Bernard, Chairman of the Board - T. Rowe Price Funds 

Date August 31, 2015 

Credit Opportunities Fund

ALLY FINANCIAL INC. Meeting Date:  JUL 17, 2014 Record Date:  JUN 03, 2014 Meeting Type:  ANNUAL
Ticker:  ALLY Security ID:  02005N100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Franklin W. Hobbs	Management	For	For
1.2	Elect Director Robert T. Blakely	Management	For	For
1.3	Elect Director Mayree C. Clark	Management	For	For
1.4	Elect Director Stephen A. Feinberg	Management	For	Withhold
1.5	Elect Director Kim S. Fennebresque	Management	For	For
1.6	Elect Director Gerald Greenwald	Management	For	For
1.7	Elect Director Marjorie Magner	Management	For	For
1.8	Elect Director Mathew Pendo	Management	For	For
1.9	Elect Director John J. Stack	Management	For	For
1.10	Elect Director Michael A. Carpenter	Management	For	For
2	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
3	Ratify Auditors	Management	For	For

ATLAS PIPELINE 5.875% NOTES DUE AUG 1, 2023 Meeting Date:  FEB 19, 2015 Record Date:  FEB 19, 2015 Meeting Type:  CONSENT AND TENDER
Ticker:   Security ID:  04939MAJ8
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Tender and Consent prior to the Early Tender Date to Receive the Total Consideration, which includes the early tender premium.	Management	N/A	Yes

BANKRATE INC. 6.125% 144A NOTES DUE AUGUST 15, 2018 Meeting Date:  NOV 10, 2014 Record Date:  NOV 05, 2015 Meeting Type:  CONSENT
Ticker:   Security ID:  06647FAB8
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Consent	Management	N/A	No

CLIFFS NATURAL 4.95% NOTES DUE JANUARY 15, 2018 Meeting Date:  NOV 25, 2014 Record Date:  NOV 24, 2014 Meeting Type:  CONSENT AND TENDER
Ticker:   Security ID:  18683KAF8
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Tender prior to the Early Tender date to receive the Total Consideration, which includes the Early Tender Premium.	Management	N/A	Yes

CONTINENTAL RESOURCES, INC. Meeting Date:  MAY 19, 2015 Record Date:  MAR 24, 2015 Meeting Type:  ANNUAL
Ticker:  CLR Security ID:  212015101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Lon McCain	Management	For	For
1.2	Elect Director Mark E. Monroe	Management	For	For
2	Increase Authorized Common Stock	Management	For	For
3	Ratify Grant Thornton LLP as Auditors	Management	For	For
4	Require Independent Board Chairman	Shareholder	Against	For

GLOBAL GEOPHYSICAL 10.5% NOTES DUE MAY 1, 2017 Meeting Date:  NOV 12, 2014 Record Date:  OCT 15, 2014 Meeting Type:  CONSENT
Ticker:   Security ID:  37946SAB3
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Consent	Management	N/A	Take No Action

LIBERTY GLOBAL PLC Meeting Date:  FEB 24, 2015 Record Date:  DEC 26, 2014 Meeting Type:  SPECIAL
Ticker:  LBTYK Security ID:  G5480U120
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Adopt New Articles of Association	Management	For	For
2	Amend Articles of Association with Respect to Voting on the Variation of Rights Attached to Classes of Shares	Management	For	For

MURRAY ENERGY CORP. 9.50 NOTES DUE DECEMBER 5, 2020 Meeting Date:  MAR 27, 2015 Record Date:  MAR 13, 2015 Meeting Type:  CONSENT
Ticker:   Security ID:  62704PAE3
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Consent to the Proposed Amendments.	Management	N/A	Yes

NII INTERNATL TELECOM SA 11.375% NOTES DUE AUGUST 15, 2019 Meeting Date:  MAY 14, 2015 Record Date:  APR 20, 2015 Meeting Type:  CONSENT
Ticker:   Security ID:  62914QAA5
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Consent Granted - Event or proposal approved.	Management	N/A	No

RANGE RESOURCES CORPORATION Meeting Date:  MAY 19, 2015 Record Date:  MAR 27, 2015 Meeting Type:  ANNUAL
Ticker:  RRC Security ID:  75281A109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1a	Elect Director Anthony V. Dub	Management	For	For
1b	Elect Director V. Richard Eales	Management	For	For
1c	Elect Director Allen Finkelson	Management	For	For
1d	Elect Director James M. Funk	Management	For	For
1e	Elect Director Christopher A. Helms	Management	For	For
1f	Elect Director Jonathan S. Linker	Management	For	For
1g	Elect Director Mary Ralph Lowe	Management	For	For
1h	Elect Director Kevin S. McCarthy	Management	For	For
1i	Elect Director John H. Pinkerton	Management	For	For
1j	Elect Director Jeffrey L. Ventura	Management	For	For
2	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
3	Ratify Ernst & Young LLP as Auditors	Management	For	For
4	Proxy Access	Shareholder	Against	For

RITE AID CORPORATION Meeting Date:  JUN 25, 2015 Record Date:  MAY 01, 2015 Meeting Type:  ANNUAL
Ticker:  RAD Security ID:  767754104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1a	Elect Director John T. Standley	Management	For	For
1b	Elect Director Joseph B. Anderson, Jr.	Management	For	For
1c	Elect Director Bruce G. Bodaken	Management	For	For
1d	Elect Director David R. Jessick	Management	For	For
1e	Elect Director Kevin E. Lofton	Management	For	For
1f	Elect Director Myrtle S. Potter	Management	For	For
1g	Elect Director Michael N. Regan	Management	For	For
1h	Elect Director Frank A. Savage	Management	For	For
1i	Elect Director Marcy Syms	Management	For	For
2	Ratify Deloitte & Touche LLP as Auditors	Management	For	For
3	Advisory Vote to Ratify Named Executive Officers' Compensation	Management	For	For
4	Pro-rata Vesting of Equity Awards	Shareholder	Against	For
5	Proxy Access	Shareholder	Against	Against

SEVEN GENERATIONS ENERGY LTD Meeting Date:  MAY 06, 2015 Record Date:  MAR 30, 2015 Meeting Type:  ANNUAL/SPECIAL
Ticker:  VII Security ID:  81783Q105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Fix Number of Directors at Nine	Management	For	For
2.1	Elect Director Patrick Carlson	Management	For	For
2.2	Elect Director C. Kent Jespersen	Management	For	For
2.3	Elect Director Michael Kanovsky	Management	For	For
2.4	Elect Director Kaush Rakhit	Management	For	For
2.5	Elect Director Kevin Brown	Management	For	For
2.6	Elect Director Jeff van Steenbergen	Management	For	For
2.7	Elect Director Jeff Donahue	Management	For	For
2.8	Elect Director Dale Hohm	Management	For	For
2.9	Elect Director W.J. (Bill) McAdam	Management	For	For
3	Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration	Management	For	For

T-MOBILE US, INC. Meeting Date:  JUN 02, 2015 Record Date:  APR 10, 2015 Meeting Type:  ANNUAL
Ticker:  TMUS Security ID:  872590104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director W. Michael Barnes	Management	For	Withhold
1.2	Elect Director Thomas Dannenfeldt	Management	For	Withhold
1.3	Elect Director Srikant M. Datar	Management	For	For
1.4	Elect Director Lawrence H. Guffey	Management	For	Withhold
1.5	Elect Director Timotheus Hottges	Management	For	For
1.6	Elect Director Bruno Jacobfeuerborn	Management	For	For
1.7	Elect Director Raphael Kubler	Management	For	Withhold
1.8	Elect Director Thorsten Langheim	Management	For	Withhold
1.9	Elect Director John J. Legere	Management	For	For
1.10	Elect Director Teresa A. Taylor	Management	For	Withhold
1.11	Elect Director Kelvin R. Westbrook	Management	For	For
2	Ratify PricewaterhouseCoopers LLP as Auditors	Management	For	For
3	Approve Qualified Employee Stock Purchase Plan	Management	For	For
4	Report on Human Rights Risk Assessment Process	Shareholder	Against	Against
5	Provide Proxy Access Right	Shareholder	Against	For

TERRAFORM POWER, INC. Meeting Date:  JUN 02, 2015 Record Date:  APR 14, 2015 Meeting Type:  ANNUAL
Ticker:  TERP Security ID:  88104R100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	Elect Director Ahmad Chatila	Management	For	Withhold
1.2	Elect Director Carlos Domenech Zornoza	Management	For	Withhold
1.3	Elect Director Brian Wuebbels	Management	For	Withhold
1.4	Elect Director Hanif 'Wally' Dahya	Management	For	Withhold
1.5	Elect Director Mark Florian	Management	For	For
1.6	Elect Director Mark Lerdal	Management	For	Withhold
1.7	Elect Director Martin Truong	Management	For	Withhold
1.8	Elect Director Francisco 'Pancho' Perez Gundin	Management	For	Withhold
1.9	Elect Director Steven Tesoriere	Management	For	Withhold
2	Ratify KPMG LLP as Auditors	Management	For	For

TIG TOPCO LIMITED Meeting Date:  MAY 29, 2015 Record Date:  MAY 27, 2015 Meeting Type:  ANNUAL
Ticker:   Security ID:  NA
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	To elect John Tiner as Chairman and Non-Executive Director, subject to receipt of regulatory approvals.	Management	For	For
2	Pending the appointment of John Tiner, to re-elect Alastair Lyons as interim Chairman and Non-Executive Director.	Management	For	For
3	To re-elect Scott Egan as interim Chief Executive Officer and Executive Director.	Management	For	For
4	To re-elect Philip Moore as Non-Executive Director.	Management	For	For
5	To re-elect Teresa Robson-Capps as Non-Executive Director.	Management	For	For
6	To approve the delegation of responsibility for the group's acquisition programme.	Management	For	For
7	To approve the delegation of the power to determine remuneration matters.	Management	For	For

TIME WARNER CABLE INC. Meeting Date:  OCT 09, 2014 Record Date:  AUG 18, 2014 Meeting Type:  SPECIAL
Ticker:  TWC Security ID:  88732J207
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Approve Merger Agreement	Management	For	For
2	Advisory Vote on Golden Parachutes	Management	For	Against

WESTMORELAND COAL 10.75 % NOTES DUE FEBRUARY 1, 2018 Meeting Date:  NOV 20, 2014 Record Date:  NOV 20, 2014 Meeting Type:  CONSENT AND TENDER
Ticker:   Security ID:  960887AB3
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	Tender and Consent prior to the Consent Payment Deadline to receive the Total Consideration, which includes the Consent Payment.	Management	N/A	Yes

END NPX REPORT