UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

OMB Number:  3235-0582

 

Expires:    March 31, 2018

 

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FORM N-PX

 

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number           811-5399

 

The New America High Income Fund, Inc.

(Exact name of registrant as specified in charter)

 

33 Broad Street   Boston, MA

 

02109

(Address of principal executive offices)

 

(Zip code)

 

Ellen E. Terry, President

 

The New America High Income Fund, Inc.

 

33 Broad Street, Boston MA 02109

(Name and address of agent for service)

 

Registrant’s telephone number, including area code:

617-263-6400

 

 

Date of fiscal year end:

12/31

 

 

Date of reporting period:

7/1/16 – 6/30/17

 

 

 

 


 

Item 1.         Proxy Voting Record.

 

Note 1.  In its role as the Fund’s investment adviser, T. Rowe Price Associates votes all proxies with respect to securities held in the Fund’s portfolio.

 


 

Hercules Offshore, Inc.

Meeting Date: July 12, 2016

Record Date: June 1, 2016

Meeting Type: Written Consent

Ticker: HEROQ

Security ID:  427093307

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

The Plan

 

Management

 

None

 

For

 

Terraform Power 6.125% notes due June 15, 2025

Meeting Date: July 25, 2016

Record Date: July 25, 2016

Meeting Type:  Consent

Security ID:  88104LAB9

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

The holders consent to the proposed waiver and amendment.

 

N/A

 

N/A

 

Take No Action

 

Terraform Power 5.875% notes due February 1, 2023

Meeting Date: July 25, 2016

Record Date: July 25, 2016

Meeting Type:  Consent

Security ID:  88104LAA1

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

The holders consent to the proposed waiver and amendment.

 

N/A

 

N/A

 

Take No Action

 

Pacific Exploration 5.625% 144A notes due January 2025

Meeting Date: July 29, 2016

Record Date: July 29, 2016

Meeting Type:  Consent

Security ID:  69480UAK3

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Vote in favor - for holders who signed joinder agreement and receive consent fee in cash at designated rate USD 16.

 

N/A

 

N/A

 

For

 

Pacific Exploration 5.375% 144A notes due January 2019

Meeting Date: August 11, 2016

Record Date: August 11, 2016

Meeting Type:  Consent

Security ID:  69480UAH0

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Vote in favor - for holders who signed joinder agreement and receive consent fee in cash at designated rate USD 16.

 

N/A

 

N/A

 

For

 

Terraform Power 5.875% notes due February 01, 2023

Meeting Date: August 23, 2016

Record Date: August 23, 2016

Meeting Type:  Consent

Security ID:  88104LAA1

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

The holder consents to the proposed waiver and amendments.

 

N/A

 

N/A

 

For

 


 

Terraform Power 6.125% notes due June 15, 2025

Meeting Date: August 23, 2016

Record Date: August 23, 2016

Meeting Type:  Consent

Security ID:  88104LAB9

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

The holder consents to the proposed waiver and amendments.

 

N/A

 

N/A

 

For

 

Terex Corp 6.00% notes due May 2021

Meeting Date: September 23, 2016

Record Date: September 23, 2016

Meeting Type:  Consent

Security ID:  880779AY9

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed waivers.

 

N/A

 

N/A

 

For

 

Level 3 Financing  5.25% notes due March 15, 2026

Meeting Date: November 10, 2016

Record Date: November 10, 2016

Meeting Type:  Consent

Security ID:  527298BL6

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed amendments

 

N/A

 

N/A

 

For

 

Level 3 Financing  5.375% notes due January 15, 2024

Meeting Date: November 10, 2016

Record Date: November 10, 2016

Meeting Type:  Consent

Security ID:  527298BK8

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed amendments

 

N/A

 

N/A

 

For

 

Level 3 Financing  5.625% notes due February 1, 2023

Meeting Date: November 10, 2016

Record Date: November 10, 2016

Meeting Type:  Consent

Security ID:  527298BC6

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed amendments

 

N/A

 

N/A

 

For

 

Level 3 Financing  5.375% notes due May 1, 2025

Meeting Date: November 10, 2016

Record Date: November 10, 2016

Meeting Type:  Consent

Security ID:  527298BH5

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed amendments

 

N/A

 

N/A

 

For

 

Level 3 Communications 5.75% notes due December 1, 2022

Meeting Date: November 10, 2016

Record Date: November 10, 2016

Meeting Type:  Consent

Security ID:  52729NBX7

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed amendments

 

N/A

 

N/A

 

For

 


 

Terraform Power Operating 9.375% notes due February 1, 2023

Meeting Date: November 17, 2016

Record Date: November 17, 2016

Meeting Type:  Consent

Security ID:  88104LAA1

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed waiver

 

N/A

 

N/A

 

Take No Action

 

Terraform Power Operating 9.625% notes due June 15, 2025 get maturity date

Meeting Date: November 17, 2016

Record Date: November 17, 2016

Meeting Type:  Consent

Security ID:  88104LAB9

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed waiver

 

N/A

 

N/A

 

Take No Action

 

IHeart Communications Inc.,

Meeting Date: November 28, 2016

Record Date: November 28, 2016

Meeting Type:  Consent

Security ID:  184502BL5

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed amendment

 

N/A

 

N/A

 

Take No Action

 

Playa Resorts Holdings 8.00% notes due August 15, 2020

Meeting Date: December 14, 2016

Record Date: December 14, 2016

Meeting Type:  Consent

Security ID:  72812RAA5

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consents to the proposed amendment to the indenture.

 

N/A

 

N/A

 

For

 

Eldorado Resorts Inc. 7% notes due August 1, 2023

Meeting Date: March 8, 2017

Record Date: March 8, 2017

Meeting Type:  Consent

Security ID:  28470RAC6

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed amendment and receive the consent payment.

 

N/A

 

N/A

 

For

 


 

NRG Energy, Inc.

Meeting Date: April 27, 2017

Record Date: March 13, 2017

Meeting Type:  Annual

Ticker: NRG

Security ID: 629377508

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Elect Spencer Abraham

 

Management

 

For

 

For

2

 

Elect Kirbyjon H. Caldwell

 

Management

 

For

 

For

3

 

Elect Lawrence S. Coben

 

Management

 

For

 

For

4

 

Elect Terry G. Dallas

 

Management

 

For

 

For

5

 

Elect Mauricio Gutierrez

 

Management

 

For

 

For

6

 

Elect William E. Hantke

 

Management

 

For

 

For

7

 

Elect Paul W. Hobby

 

Management

 

For

 

For

8

 

Elect Anne C. Schaumburg

 

Management

 

For

 

For

9

 

Elect Evan J. Silverstein

 

Management

 

For

 

For

10

 

Elect Barry T Smitherman

 

Management

 

For

 

For

11

 

Elect Thomas H. Weidemeyer

 

Management

 

For

 

For

12

 

Elect C. John Wilder

 

Management

 

For

 

For

13

 

Elect Walter R. Young

 

Management

 

For

 

For

14

 

Approval of the Amended and Restated Long-Term Incentive Plan

 

Management

 

For

 

For

15

 

Approval of the Amended and Restated Employee Stock Purchase Plan

 

Management

 

For

 

For

16

 

Advisory Vote on Executive Compensation

 

Management

 

For

 

For

17

 

Frequency of Advisory Vote on Executive Compensation

 

Management

 

1 Year

 

1 Year

18

 

Ratification of Auditor

 

Management

 

For

 

For

19

 

Shareholder Proposal Regarding Political Spending Report

 

Shareholder

 

Against

 

Against

 

Howard Hughes Corp.

Meeting Date: May 18, 2017

Record Date: March 23, 2017

Meeting Type:  Annual

Ticker: HHC

Security ID: 44267D107

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Elect William A. Ackman

 

Management

 

For

 

For

2

 

Elect Adam Flatto

 

Management

 

For

 

For

3

 

Elect Jeffrey D. Furber

 

Management

 

For

 

For

4

 

Elect Allen Model

 

Management

 

For

 

For

5

 

Elect R. Scot Sellers

 

Management

 

For

 

For

6

 

Elect Steven Shepsman

 

Management

 

For

 

For

7

 

Elect Burton M. Tansky

 

Management

 

For

 

For

8

 

Elect Mary Ann Tighe

 

Management

 

For

 

For

9

 

Elect David R. Weinreb

 

Management

 

For

 

For

10

 

Advisory Vote on Executive Compensation

 

Management

 

For

 

For

11

 

Frequency of Advisory Vote on Executive Compensation

 

Management

 

1 Year

 

1 Year

12

 

Reapproval of the 2010 Incentive Plan for the Purposes of 162(m) of the IRC

 

Management

 

For

 

For

13

 

Issuance of Common Stock

 

Management

 

For

 

For

14

 

Ratification of Auditor

 

Management

 

For

 

For

 

Surgery Center Holdings 8.875% notes due April 15, 2021

Meeting Date: May 23, 2017

Record Date: May 23, 2017

Meeting Type:  Consent

Security ID: 86881WAA0

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Holders consent to the proposed amendments.

 

N/A

 

N/A

 

For

 

Liberty Broadband Corp.

Meeting Date: May 24, 2017

Record Date: April 3, 2017

Meeting Type:  Annual

Ticker: LBRDA

Security ID: 530307107

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1.1

 

Elect John C. Malone

 

Management

 

For

 

For

1.2

 

Elect John E. Welsh, III

 

Management

 

For

 

For

2

 

Ratification of Auditor

 

Management

 

For

 

For

 


 

Rowan Companies plc

Meeting Date: May 25, 2017

Record Date: March 29, 2017

Meeting Type:  Annual

Ticker: RDC

Security ID: G7665A101

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Elect William E. Albrecht

 

Management

 

For

 

For

2

 

Elect Thomas P. Burke

 

Management

 

For

 

For

3

 

Elect Thomas R. Hix

 

Management

 

For

 

For

4

 

Elect Jack B. Moore

 

Management

 

For

 

For

5

 

Elect Thierry Pilenko

 

Management

 

For

 

For

6

 

Elect Suzanne P. Nimocks

 

Management

 

For

 

For

7

 

Elect John J. Quicke

 

Management

 

For

 

For

8

 

Elect Tore I. Sandvold

 

Management

 

For

 

For

9

 

Elect Charles L. Szews

 

Management

 

For

 

For

10

 

Advisory Vote on Executive Compensation

 

Management

 

For

 

For

11

 

Frequency of Advisory Vote on Executive Compensation

 

Management

 

1 Year

 

1 Year

12

 

Remuneration Policy (UK - Binding)

 

Management

 

For

 

For

13

 

Remuneration Report (UK - Advisory)

 

Management

 

For

 

For

14

 

Accounts and Reports

 

Management

 

For

 

For

15

 

Ratification of Auditor

 

Management

 

For

 

For

16

 

Ratification of Statutory Auditor

 

Management

 

For

 

For

17

 

Authority to Set Auditor’s Fees

 

Management

 

For

 

For

18

 

Amendment to the Incentive Plan

 

Management

 

For

 

For

19

 

Authority to Repurchase Shares

 

Management

 

For

 

For

20

 

Authority to Issue Shares w/ Preemptive Rights

 

Management

 

For

 

For

21

 

Authority to Issue Shares w/o Preemptive Rights

 

Management

 

For

 

For

22

 

Authority to Issue Shares w/o Preemptive Rights

 

Management

 

For

 

For

 

Frontera Energy Corporation

Meeting Date: May 31, 2017

Record Date: April 18, 2017

Meeting Type:  Annual

Ticker: PEGFF

Security ID: 69423W301

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Board Size

 

Management

 

For

 

For

2.1

 

Elect Luis Fernando Alarcon

 

Management

 

For

 

Withhold

2.2

 

Elect W. Ellis Armstrong

 

Management

 

For

 

For

2.3

 

Elect Gabriel de Alba

 

Management

 

For

 

For

2.4

 

Elect Raymond Bromark

 

Management

 

For

 

For

2.5

 

Elect Russell Ford

 

Management

 

For

 

For

2.6

 

Elect Camilo Marulanda

 

Management

 

For

 

For

3

 

Ratification of Auditor and Authority to Set Fees

 

Management

 

For

 

For

 


 

Frontera Energy Corporation

Meeting Date: May 31, 2017

Record Date: April 18, 2017

Meeting Type:  Annual

Ticker: PEGFF

Security ID: 69423W889

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Board Size

 

Management

 

For

 

For

2.1

 

Elect Luis Fernando Alarcon

 

Management

 

For

 

Withhold

2.2

 

Elect W. Ellis Armstrong

 

Management

 

For

 

For

2.3

 

Elect Gabriel de Alba

 

Management

 

For

 

For

2.4

 

Elect Raymond Bromark

 

Management

 

For

 

For

2.5

 

Elect Russell Ford

 

Management

 

For

 

For

2.6

 

Elect Camilo Marulanda

 

Management

 

For

 

For

3

 

Ratification of Auditor and Authority to Set Fees

 

Management

 

For

 

For

 

T-Mobile US, Inc.

Meeting Date: June 13, 2017

Record Date: April 17, 2017

Meeting Type:  Annual

Ticker: TMUS

Security ID: 872590104

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1.1

 

Elect W. Michael Barnes

 

Management

 

For

 

For

1.2

 

Elect Thomas Dannenfeldt

 

Management

 

For

 

Withhold

1.3

 

Elect Srikant M. Datar

 

Management

 

For

 

For

1.4

 

Elect Lawrence H. Guffey

 

Management

 

For

 

For

1.5

 

Elect Timotheus Hottges

 

Management

 

For

 

For

1.6

 

Elect Bruno Jacobfeuerborn

 

Management

 

For

 

For

1.7

 

Elect Raphael Kubler

 

Management

 

For

 

Withhold

1.8

 

Elect Thorsten Langheim

 

Management

 

For

 

Withhold

1.9

 

Elect John J. Legere

 

Management

 

For

 

For

1.10

 

Elect Teresa A. Taylor

 

Management

 

For

 

For

1.11

 

Elect Kelvin R. Westbrook

 

Management

 

For

 

For

2

 

Ratification of Auditor

 

Management

 

For

 

For

3

 

Advisory Vote on Executive Compensation

 

Management

 

For

 

For

4

 

Frequency of Advisory Vote on Executive Compensation

 

Management

 

3 Years

 

1 Year

5

 

Shareholder Proposal Regarding Proxy Access

 

Shareholder

 

Against

 

For

6

 

Shareholder Proposal Regarding Compensation in the Event of a Change in Control

 

Shareholder

 

Against

 

For

7

 

Shareholder Proposal Regarding Recoupment of Unearned Bonuses

 

Shareholder

 

Against

 

Against

 

Tribune Media Company 5.875%, notes due July 15, 2022

Meeting Date: June 15, 2017

Record Date: June 15, 2017

Meeting Type:  Consent

Security ID: 896047AH0

 

Proposal Number

 

Proposal

 

Proposed By

 

Management
Recommendation

 

Vote Cast

1

 

Consent to the proposed amendments

 

N/A

 

N/A

 

For

 

 


 

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)

The New America High Income Fund, Inc.

 

By (Signature and Title)*

/s/ Ellen E. Terry   President and Principal Executive Officer

 

Date

August 24, 2017

 

* Print the name and title of each signing officer under his or her signature.

 

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