nvpx
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-21869
Highland Credit Strategies Fund
(Exact name of registrant as specified in charter)
NexBank Tower
13455 Noel Road, Suite 800
Dallas, TX 75240
(Address of principal executive offices) (Zip code)
R. Joseph Dougherty
Highland Capital Management, L.P.
NexBank Tower
13455 Noel Road, Suite 800
Dallas, TX 75240
(Name and address of agent for service)
Registrant’s telephone number, including area code: 877-665-1287
Date of fiscal year end: December 31
Date of reporting period: July 1, 2008 – June 30, 2009
Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
 
 

 

 

PROXY VOTING RECORD
FOR PERIOD JULY 1, 2008 TO JUNE 30, 2009
     ASHLAND INC.
                 
Security:
   044209104   Agenda Number:   932983580
Ticker:
   ASH   Meeting Type:   Annual
ISIN:
   US0442091049   Meeting Date:   29-Jan-09
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01
   Election of Directors            
 
                
 
   1     ROGER W. HALE*   Mgmt   No vote    
 
                
 
   2     VADA O. MANAGER*   Mgmt   No vote    
 
                
 
   3     GEORGE A SCHAEFER, JR.*   Mgmt   No vote    
 
                
 
   4     JOHN F. TURNER*   Mgmt   No vote    
 
                
 
   5     MARK C. ROHR**   Mgmt   No vote    
 
                
02
   Ratify Appointment of Independent Auditors   Mgmt   No vote    
 
                
03
   Approve Charter Amendment   Mgmt   No vote    
     CHARYS HOLDING COMPANY, INC.
                 
Security:
   161420AB0   Agenda Number:   932994494
Ticker:
       Meeting Type:   Consent
ISIN:
   US161420AB09   Meeting Date:   17-Feb-09
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
02
   Miscellaneous Corporate Governance   Mgmt   No vote    

 

 

     GRAY TELEVISION INC
                 
Security:
   389375205   Agenda Number:   933073998
Ticker:
   GTNA   Meeting Type:   Annual
ISIN:
   US3893752051   Meeting Date:   24-Jun-09
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01
   Election of Directors            
 
                
 
   1     RICHARD L. BOGER   Mgmt   No vote    
 
                
 
   2     RAY M. DEAVER   Mgmt   No vote    
 
                
 
   3     T.L. ELDER   Mgmt   No vote    
 
                
 
   4     HILTON H. HOWELL, JR.   Mgmt   No vote    
 
                
 
   5     WILLIAM E. MAYHER, III   Mgmt   No vote    
 
                
 
   6     ZELL B. MILLER   Mgmt   No vote    
 
                
 
   7     HOWELL W. NEWTON   Mgmt   No vote    
 
                
 
   8     HUGH E. NORTON   Mgmt   No vote    
 
                
 
   9     ROBERT S. PRATHER, JR.   Mgmt   No vote    
 
                
 
   10     HARRIETT J. ROBINSON   Mgmt   No vote    
 
                
 
  11     J. MACK ROBINSON   Mgmt   No vote    
 
                
02
  Amend Stock Compensation Plan   Mgmt   No vote    

 

 

     HERCULES INCORPORATED
                 
Security:
   427056106   Agenda Number:   932962310
Ticker:
   HPC   Meeting Type:   Special
ISIN:
   US4270561065   Meeting Date:   05-Nov-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01
  Approve Merger Agreement   Mgmt   For   For
 
                
02
  Approve Motion to Adjourn Meeting   Mgmt   For   For
     ICO GLOBAL COMMUNICATIONS (HLDG.) LTD.
                 
Security:
   44930K108   Agenda Number:   933080258
Ticker:
   ICOG   Meeting Type:   Annual
ISIN:
   US44930K1088   Meeting Date:   19-Jun-09
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
1
   Election of Directors            
 
                
 
   1     CRAIG O. MCCAW   Mgmt   No vote    
 
                
 
   2     SAMUEL L. GINN   Mgmt   No vote    
 
                
 
   3     NICOLAS KAUSER   Mgmt   No vote    
 
                
 
   4     BARRY L. ROWAN   Mgmt   No vote    
 
                
 
   5     H. BRIAN THOMPSON   Mgmt   No vote    
 
                
 
   6     DAVID WASSERMAN   Mgmt   No vote    
 
                
2
   Ratify Appointment of Independent Auditors   Mgmt   No vote    
 
                
3
   Approve Stock Split   Mgmt   No vote    

 

 

     KNOLOGY, INC.
                 
Security:
   499183804   Agenda Number:   933030304
Ticker:
   KNOL   Meeting Type:   Annual
ISIN:
   US4991838040   Meeting Date:   07-May-09
                     
        Proposed       For/Against  
Prop. #   Proposal   by   Proposal Vote   Management  
01
   Election of Directors        
 
            
 
   1     ALAN A. BURGESS   Mgmt   No vote
 
            
 
   2     O. GENE GABBARD   Mgmt   No vote
 
            
02
   Ratify Appointment of Independent Auditors   Mgmt   No vote
     NORTHWEST AIRLINES CORPORATION
                 
Security:
   667280408   Agenda Number:   932946304
Ticker:
   NWA   Meeting Type:   Annual
ISIN:
   US6672804084   Meeting Date:   25-Sep-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01
   Election of Directors            
 
                
 
   1     ROY J. BOSTOCK   Mgmt   For   For
 
                
 
   2     DAVID A. BRANDON   Mgmt   For   For
 
                
 
   3     MICHAEL J. DURHAM   Mgmt   For   For
 
                
 
   4     JOHN M. ENGLER   Mgmt   For   For
 
                
 
   5     MICKEY P. FORET   Mgmt   For   For
 
                
 
   6     ROBERT L. FRIEDMAN   Mgmt   For   For
 
                
 
   7     DORIS KEARNS GOODWIN   Mgmt   For   For
 
                
 
   8     JEFFREY G. KATZ   Mgmt   For   For
 
                
 
   9     JAMES J. POSTL   Mgmt   For   For
 
                
 
   10     RODNEY E. SLATER   Mgmt   For   For
 
                
 
   11     DOUGLAS M. STEENLAND   Mgmt   For   For
 
                
 
   12     WILLIAM S. ZOLLER   Mgmt   For   For
 
                
02
   Approve Merger Agreement   Mgmt   For   For
 
                
03
   Ratify Appointment of Independent Auditors   Mgmt   For   For
 
                
04
   Approve Stock Compensation Plan   Mgmt   For   For
 
                
05
   Approve Motion to Adjourn Meeting   Mgmt   For   For

 

 

     OWENS CORNING
                 
Security:
   690742101   Agenda Number:   932969958
Ticker:
   OC   Meeting Type:   Annual
ISIN:
   US6907421019   Meeting Date:   04-Dec-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01
   Election of Directors            
 
                
 
   1     GASTON CAPERTON   Mgmt   No vote    
 
                
 
   2     ANN IVERSON   Mgmt   No vote    
 
                
 
   3     JOSEPH F. NEELY   Mgmt   No vote    
 
                
 
   4     W. ANN REYNOLDS   Mgmt   No vote    
 
                
 
   5     ROBERT B. SMITH, JR.   Mgmt   No vote    
 
                
02
   Ratify Appointment of Independent Auditors   Mgmt   No vote    
     PENN NATIONAL GAMING, INC.
                 
Security:
   707569109   Agenda Number:   932962930
Ticker:
   PENN   Meeting Type:   Annual
ISIN:
   US7075691094   Meeting Date:   12-Nov-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01
   Election of Directors            
 
                
 
   1     PETER M. CARLINO   Mgmt   For   For
 
                
 
   2     HAROLD CRAMER   Mgmt   For   For
 
                
02
   Approve Private Placement   Mgmt   For   For
 
                
03
   Approve Stock Compensation Plan   Mgmt   For   For
 
                
04
   Ratify Appointment of Independent Auditors   Mgmt   For   For

 

 

     TEVA PHARMACEUTICAL INDUSTRIES LIMITED
                 
Security:
   881624209   Agenda Number:   932949398
Ticker:
   TEVA   Meeting Type:   Special
ISIN:
   US8816242098   Meeting Date:   25-Sep-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01
   Election of Directors (Majority Voting)   Mgmt   For   For
     VIATEL HOLDING (BERMUDA) LIMITED
                 
Security:
   G93447111   Agenda Number:   932975975
Ticker:
   VIAHF   Meeting Type:   Annual
ISIN:
   BMG934471118   Meeting Date:   12-Dec-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01
   Receive Consolidated Financial Statements   Mgmt   No vote    
 
                
02
   Ratify Appointment of Independent Auditors   Mgmt   No vote    
 
                
03
   Approve Remuneration of Directors and Auditors   Mgmt   No vote    
 
                
04
   Election of Directors (Majority Voting)   Mgmt   No vote    
 
                
05
   Election of Directors (Majority Voting)   Mgmt   No vote    
 
                
06
   Election of Directors (Majority Voting)   Mgmt   No vote    

 

 

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
       Highland Credit Strategies Fund
 
   
     
By (Signature and Title)*
       /s/ R. Joseph Dougherty
 
   
 
            R. Joseph Dougherty, President and Chief Executive Officer
 
            (Principal Executive Officer)
     
Date
   August 17, 2009
 
 
 
 
*   Print the name and title of each signing officer under his or her signature.