0001206774-18-002652.txt : 20180831 0001206774-18-002652.hdr.sgml : 20180831 20180831091901 ACCESSION NUMBER: 0001206774-18-002652 CONFORMED SUBMISSION TYPE: N-PX PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180630 FILED AS OF DATE: 20180831 DATE AS OF CHANGE: 20180831 EFFECTIVENESS DATE: 20180831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price High Yield Fund, Inc. CENTRAL INDEX KEY: 0000754915 IRS NUMBER: 521371712 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: N-PX SEC ACT: 1940 Act SEC FILE NUMBER: 811-04119 FILM NUMBER: 181048627 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-2000 MAIL ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE HIGH YIELD FUND INC DATE OF NAME CHANGE: 19920703 0000754915 S000002132 T. Rowe Price High Yield Fund, Inc. C000005524 T. Rowe Price High Yield Fund, Inc. PRHYX C000005525 T. Rowe Price High Yield Fund-Advisor Class PAHIX C000159675 T. Rowe Price High Yield Fund-I Class PRHIX 0000754915 S000057617 T. Rowe Price U.S. High Yield Fund C000183992 T. Rowe Price U.S. High Yield Fund TUHYX C000183993 T. Rowe Price U.S. High Yield Fund-Advisor Class TUHAX C000183994 T. Rowe Price U.S. High Yield Fund-I Class TUHIX N-PX 1 hyf_811-04119.htm ANNUAL REPORT OF PROXY VOTING RECORD



T. Rowe Price N-PX
High Yield Fund 07/01/2017 to 06/30/2018 

ICA File Number:  811-04119 
Registrant Name:  T. Rowe Price High Yield Fund, Inc.
Reporting Period:  07/01/2017 - 06/30/2018 
 
 
FORM N-PX 
 
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT 
INVESTMENT COMPANY 
 
Investment Company Act file number 811-4119 
 
T. Rowe Price High Yield Fund, Inc.

(Exact name of registrant as specified in charter) 
 
100 East Pratt Street Baltimore, Maryland 21202 

(Address of principal executive offices) 
 
Ryan Nolan 
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: 5/31 
 
Date of reporting period: 07/01/2017 to 06/30/2018 
 
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 High Yield Fund, Inc. 
 
By (Signature and Title) /s/ Edward C. Bernard 
                                        Edward C. Bernard, Chairman of the Board - T. Rowe Price Funds  
 
Date August 31, 2018 

=============================== High Yield Fund ================================


ANADARKO PETROLEUM CORPORATION

Ticker:       APC            Security ID:  032511107
Meeting Date: MAY 15, 2018   Meeting Type: Annual
Record Date:  MAR 20, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1a    Elect Director Anthony R. Chase         For       For          Management
1b    Elect Director David E. Constable       For       For          Management
1c    Elect Director H. Paulett Eberhart      For       For          Management
1d    Elect Director Claire S. Farley         For       For          Management
1e    Elect Director Peter J. Fluor           For       For          Management
1f    Elect Director Joseph W. Gorder         For       For          Management
1g    Elect Director John R. Gordon           For       For          Management
1h    Elect Director Sean Gourley             For       For          Management
1i    Elect Director Mark C. McKinley         For       For          Management
1j    Elect Director Eric D. Mullins          For       For          Management
1k    Elect Director R. A. Walker             For       For          Management
2     Ratify KPMG LLP as Auditors             For       For          Management
3     Advisory Vote to Ratify Named           For       Against      Management
      Executive Officers' Compensation
4     Assess Portfolio Impacts of Policies    Against   Against      Shareholder
      to Meet 2 Degree Scenario


--------------------------------------------------------------------------------

ARCHROCK INC.

Ticker:       AROC           Security ID:  03957W106
Meeting Date: APR 25, 2018   Meeting Type: Annual
Record Date:  MAR 14, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Issue Shares in Connection with Merger  For       For          Management
2.1   Elect Director Anne-Marie N. Ainsworth  For       For          Management
2.2   Elect Director Wendell R. Brooks        For       For          Management
2.3   Elect Director D. Bradley Childers      For       For          Management
2.4   Elect Director Gordon T. Hall           For       For          Management
2.5   Elect Director Frances Powell Hawes     For       For          Management
2.6   Elect Director J.W.G. "Will"            For       For          Management
      Honeybourne
2.7   Elect Director James H. Lytal           For       For          Management
2.8   Elect Director Mark A. McCollum         For       For          Management
3     Ratify Deloitte & Touche LLP as         For       For          Management
      Auditors
4     Advisory Vote to Ratify Named           For       For          Management
      Executive Officers' Compensation
5     Adjourn Meeting                         For       Against      Management


--------------------------------------------------------------------------------

CAESARS ENTERTAINMENT CORPORATION

Ticker:       CZR            Security ID:  127686103
Meeting Date: MAY 30, 2018   Meeting Type: Annual
Record Date:  APR 04, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Mark Frissora            For       For          Management
1.2   Elect Director James Hunt               For       For          Management
1.3   Elect Director John Dionne              For       For          Management
1.4   Elect Director Richard Schifter         For       Withhold     Management
2     Ratify Deloitte & Touche LLP as         For       For          Management
      Auditors
3     Other Business                          For       Against      Management


--------------------------------------------------------------------------------

CONSTELLIUM NV

Ticker:       CSTM           Security ID:  N22035104
Meeting Date: MAY 24, 2018   Meeting Type: Annual
Record Date:  APR 26, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Open Meeting                            None      None         Management
2     Discuss Annual Report 2017              None      None         Management
3     Discussion on Company's Corporate       None      None         Management
      Governance Structure
4.1   Discuss Remuneration Report             None      None         Management
4.2   Approve Share Increase under the 2013   For       For          Management
      Equity Incentive Plan
5     Adopt Annual Accounts 2017              For       For          Management
6     Discuss Allocation of Income            None      None         Management
7     Approve Discharge of Executive          For       For          Management
      Directors
8     Approve Discharge of Non-Executive      For       For          Management
      Directors
9     Authorize Repurchase of Up to 10        For       For          Management
      Percent of Issued Share Capital
10    Grant Board Authority to Issue Shares   For       For          Management
      Up to 10 Percent of Issued Capital
      Plus Additional 10 Percent in Case of
      Merger or Acquisition
11    Authorize Board to Exclude Preemptive   For       For          Management
      Rights from Share Issuances
12a   Reelect Michiel Brandjes as             For       For          Management
      Non-Executive Director
12b   Reelect Martha Brooks as Non-Executive  For       For          Management
      Director
12c   Reelect Philippe C.A. Guillemot as      For       For          Management
      Non-Executive Director
12d   Reelect Peter Hartman as Non-Executive  For       For          Management
      Director
12e   Reelect John Ormerod as Non-Executive   For       For          Management
      Director
12f   Reelect Lori Walker as Non-Executive    For       For          Management
      Director
12g   Elect Stephanie Frachet as Executive    For       For          Management
      Director
13    Ratify PricewaterhouseCoopers as        For       For          Management
      Auditors
14    Allow Questions                         None      None         Management
15    Close Meeting                           None      None         Management


--------------------------------------------------------------------------------

FRONTERA ENERGY CORPORATION

Ticker:       FEC            Security ID:  35905B107
Meeting Date: MAY 31, 2018   Meeting Type: Annual/Special
Record Date:  APR 20, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Fix Number of Directors at Six          For       For          Management
2.1   Elect Director Luis Fernando Alarcon    For       For          Management
2.2   Elect Director W. Ellis Armstrong       For       For          Management
2.3   Elect Director Gabriel de Alba          For       For          Management
2.4   Elect Director Raymond Bromark          For       For          Management
2.5   Elect Director Russell Ford             For       For          Management
2.6   Elect Director Camilo Marulanda         For       For          Management
3     Approve Ernst & Young LLP as Auditors   For       For          Management
      and Authorize Board to Fix Their
      Remuneration
4     Approve Stock Split                     For       For          Management


--------------------------------------------------------------------------------

FRONTERA ENERGY CORPORATION

Ticker:       FEC            Security ID:  35905B305
Meeting Date: MAY 31, 2018   Meeting Type: Annual/Special
Record Date:  APR 20, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Fix Number of Directors at Six          For       For          Management
2.1   Elect Director Luis Fernando Alarcon    For       For          Management
2.2   Elect Director W. Ellis Armstrong       For       For          Management
2.3   Elect Director Gabriel de Alba          For       For          Management
2.4   Elect Director Raymond Bromark          For       For          Management
2.5   Elect Director Russell Ford             For       For          Management
2.6   Elect Director Camilo Marulanda         For       For          Management
3     Approve Ernst & Young LLP as Auditors   For       For          Management
      and Authorize Board to Fix Their
      Remuneration
4     Approve Stock Split                     For       For          Management


--------------------------------------------------------------------------------

LANDS' END, INC.

Ticker:       LE             Security ID:  51509F105
Meeting Date: MAY 24, 2018   Meeting Type: Annual
Record Date:  MAR 26, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Robert Galvin            For       For          Management
1.2   Elect Director Jerome S. Griffith       For       For          Management
1.3   Elect Director Elizabeth Leykum         For       For          Management
1.4   Elect Director Josephine Linden         For       For          Management
1.5   Elect Director John T. McClain          For       For          Management
1.6   Elect Director Jignesh Patel            For       For          Management
1.7   Elect Director Jonah Staw               For       For          Management
2     Advisory Vote to Ratify Named           For       Against      Management
      Executive Officers' Compensation
3     Advisory Vote on Say on Pay Frequency   One Year  One Year     Management
4     Ratify Deloitte & Touche LLP as         For       For          Management
      Auditors


--------------------------------------------------------------------------------

LIBERTY BROADBAND CORPORATION

Ticker:       LBRDK          Security ID:  530307107
Meeting Date: MAY 24, 2018   Meeting Type: Annual
Record Date:  APR 02, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Elect Director J. David Wargo           For       Withhold     Management
2     Ratify KPMG LLP as Auditors             For       For          Management
3     Advisory Vote to Ratify Named           For       For          Management
      Executive Officers' Compensation


--------------------------------------------------------------------------------

NEW GOLD INC.

Ticker:       NGD            Security ID:  644535106
Meeting Date: APR 25, 2018   Meeting Type: Annual
Record Date:  MAR 06, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Fix Number of Directors at Seven        For       For          Management
2.1   Elect Director Gillian Davidson         For       For          Management
2.2   Elect Director James Estey              For       For          Management
2.3   Elect Director Margaret Mulligan        For       For          Management
2.4   Elect Director Ian Pearce               For       For          Management
2.5   Elect Director Hannes Portmann          For       For          Management
2.6   Elect Director Marilyn Schonberner      For       For          Management
2.7   Elect Director Raymond Threlkeld        For       For          Management
3     Approve Deloitte LLP as Auditors and    For       For          Management
      Authorize Board to Fix Their
      Remuneration
4     Advisory Vote on Executive              For       For          Management
      Compensation Approach


--------------------------------------------------------------------------------

NOBLE ENERGY, INC.

Ticker:       NBL            Security ID:  655044105
Meeting Date: APR 24, 2018   Meeting Type: Annual
Record Date:  FEB 23, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1a    Elect Director Jeffrey L. Berenson      For       For          Management
1b    Elect Director Michael A. Cawley        For       For          Management
1c    Elect Director Edward F. Cox            For       For          Management
1d    Elect Director James E. Craddock        For       Against      Management
1e    Elect Director Thomas J. Edelman        For       For          Management
1f    Elect Director Holli C. Ladhani         For       For          Management
1g    Elect Director David L. Stover          For       For          Management
1h    Elect Director Scott D. Urban           For       For          Management
1i    Elect Director William T. Van Kleef     For       For          Management
2     Ratify KPMG LLP as Auditors             For       For          Management
3     Advisory Vote to Ratify Named           For       For          Management
      Executive Officers' Compensation
4     Assess Portfolio Impacts of Policies    Against   Against      Shareholder
      to Meet 2 Degree Scenario


--------------------------------------------------------------------------------

T-MOBILE US, INC.

Ticker:       TMUS           Security ID:  872590104
Meeting Date: JUN 13, 2018   Meeting Type: Annual
Record Date:  APR 17, 2018

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Thomas Dannenfeldt       For       Withhold     Management
1.2   Elect Director Srikant M. Datar         For       For          Management
1.3   Elect Director Lawrence H. Guffey       For       For          Management
1.4   Elect Director Timotheus Hottges        For       For          Management
1.5   Elect Director Bruno Jacobfeuerborn     For       For          Management
1.6   Elect Director Raphael Kubler           For       Withhold     Management
1.7   Elect Director Thorsten Langheim        For       Withhold     Management
1.8   Elect Director John J. Legere           For       For          Management
1.9   Elect Director G. Michael (Mike)        For       For          Management
      Sievert
1.10  Elect Director Olaf Swantee             For       For          Management
1.11  Elect Director Teresa A. Taylor         For       For          Management
1.12  Elect Director Kelvin R. Westbrook      For       For          Management
2     Ratify PricewaterhouseCoopers LLP as    For       For          Management
      Auditors
3     Amend Omnibus Stock Plan                For       For          Management
4     Adopt Proxy Access Right                Against   For          Shareholder
5     Pro-rata Vesting of Equity Awards       Against   For          Shareholder




============================= U.S. High Yield Fund =============================

There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.

=============================== END NPX REPORT =================================

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