FORM N-PX

                     ANNUAL REPORT OF PROXY VOTING RECORD OF
                    REGISTERED MANAGEMENT INVESTMENT COMPANY

                  Investment Company Act file number 811-05468

                         The High Yield Plus Fund, Inc.

               (Exact name of registrant as specified in charter)


     100 Mulberry Street, Gateway Center Three, 4 th Floor, Newark, NJ 07102

               (Address of principal executive offices) (Zip Code)


                             Deborah A. Docs, Esq.
     100 Mulberry Street, Gateway Center Three, 4 th Floor, Newark, NJ 07102

                     (Name and address of agent for service)


        Registrant's telephone number, including area code: 973-367-7521

                        Date of fiscal year-end: March 31

                     Date of reporting period: June 30, 2006





Item 1. Proxy Voting Record

In determining votes against management, any ballot that management did not
make a recommendation is considered to be "FOR" regardless of the vote cast.
Any "Abstain" vote cast is considered as voted, and to be against the
management recommendation.





******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-05468
Reporting Period: 07/01/2005 - 06/30/2006
The High Yield Plus Fund









================== HIGH YIELD PLUS FUND - ADVISOR: WELLINGTON ==================

The HIGH YIELD PLUS FUND - ADVISOR: WELLINGTON fund held no voting securities
during the period covered by this report. No records are attached.


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



                                   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.




The High Yield Plus Fund, Inc.


By




/s/ Grace C. Torres*
      (Deborah A. Docs)





Grace C. Torres, Principal Financial Officer for the
   Fund

*  By Power of Attorney.  Filed on June 30, 2006.  Incorporated by reference
to Exhibit (q) to Post-Effective Amendment No. 28 to the filing on Form N-1A
for Dryden Municipal Bond Fund (File No. 33-10649) filed via EDGAR on
June 30, 2006.


Date: August 23, 2006