UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

OMB Number:  3235-0582

 

Expires:    March 31, 2012

 

Estimated average burden hours per response......9.6

 

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, Vice 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:

7/1/10 – 6/30/11

 

 

 

 



 

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.

 



 

XM Satellite Radio Inc., 11.25% due June 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B61V8D2

 

Meeting Type:

 

Consent and Tender

 

Meeting Date:

 

November 9, 2010

 

 

 

 

 

Record Date:

 

October 15, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes tendered holders will receive $1,020 plus accrued and unpaid interest to, but excluding the date of payment.

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Accelent Inc., 10.50%, due 12/1/13

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B121L82

 

Meeting Type:

 

Consent and Tender

 

Meeting Date:

 

November 10, 2010

 

 

 

 

 

Record Date:

 

October 15, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes tendered holders will receive $1,030 plus accrued and unpaid interest to, but excluding the date of payment.

 

N/A

 

No

 

Management

 

 

 

 

 

 

 

 

Wind Acquisition Finance S.A. 11.75%, due 7/15/17

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B3P9K35

 

Meeting Type:

 

Consent

 

Meeting Date:

 

November 12, 2010

 

 

 

 

 

Record Date:

 

November 8, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders who consent will receive a consent fee

 

N/A

 

Yes

 

Management

 



 

Wind Acquisition Finance S.A. 11.75%, due 7/15/17

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B54RLL9

 

Meeting Type:

 

Consent

 

Meeting Date:

 

November 12, 2010

 

 

 

 

 

Record Date:

 

November 8, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders who consent will receive a consent fee

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Cricket Communications 9.375%, 11/1/14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B1XK7B3

 

Meeting Type:

 

Consent and Tender

 

Meeting Date:

 

December 3, 2010

 

 

 

 

 

Record Date:

 

November 8, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes tendered holders will receive $1,050.63 plus accrued and unpaid interest to, but excluding the date of payment.

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Mercer International Inc. 9.25% due 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B0668DO

 

Meeting Type:

 

Consent and Tender

 

Meeting Date:

 

December 1, 2010

 

 

 

 

 

Record Date:

 

November 8, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes tendered holders will receive $1,023.13 plus accrued and unpaid interest to, but excluding the date of payment.

 

N/A

 

Yes

 

Management

 



 

Berry Plastics Holding 8.875%, 9/15/14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B3KYGG0

 

Meeting Type:

 

Consent and Tender

 

Meeting Date:

 

December 3, 2010

 

 

 

 

 

Record Date:

 

November 9, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes tendered holders will receive $1,047.50 plus accrued and unpaid interest to, but excluding the date of payment.

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Europcar Groupe, Senior Notes, due 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B1BX9Z2

 

Meeting Type:

 

Consent

 

Meeting Date:

 

November 16, 2010

 

 

 

 

 

Record Date:

 

November 9, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders voting in favor of all resolutions will receive early deadline payment of 10 EUR per EUR 1,000 principal amount held

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Mobile Mini, Inc., 9.75% Notes due 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B2B1500

 

Meeting Type:

 

Consent and Tender

 

Meeting Date:

 

December 8, 2010

 

 

 

 

 

Record Date:

 

November 10, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes tendered holders will receive $1,052.50 plus accrued and unpaid interest to, but excluding the date of payment.

 

N/A

 

Yes

 

Management

 



 

Novelis, Inc., 11.50% 2/15/15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B5ZVKZ7

 

Meeting Type:

 

Consent and Tender

 

Meeting Date:

 

December 28, 2010

 

 

 

 

 

Record Date:

 

December 7, 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes tendered holders will receive $1,258.50 plus accrued and unpaid interest to, but excluding the date of payment.

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Del Monte Corporation 7.50% 10/15/19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B5Q86Z9

 

Meeting Type:

 

Consent and Tender

 

Meeting Date:

 

February 15, 2011

 

 

 

 

 

Record Date:

 

January 24, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes tendered holders will receive $1,258.50 plus accrued and unpaid interest to, but excluding the date of payment.

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Wynn Las Vegas LLC 7.75% 8/15/20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B5BJDT0

 

Meeting Type:

 

Consent

 

Meeting Date:

 

January 26, 2011

 

 

 

 

 

Record Date:

 

January 19, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes held, holders who consent will receive $1.25 consent fee for which the related consent has been validly delivered and not validly revoked.

 

N/A

 

Yes

 

Management

 



 

Wynn Las Vegas LLC 7.875% 11/1/17

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B5BJDT0

 

Meeting Type:

 

Consent

 

Meeting Date:

 

January 26, 2011

 

 

 

 

 

Record Date:

 

January 19, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

For every $1,000 principal amount of notes held, holders who consent will receive $1.25 consent fee for which the related consent has been validly delivered and not validly revoked.

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Kratos Defense and Security Solutions 10%, Notes due 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B4L8635

 

Meeting Type:

 

Consent

 

Meeting Date:

 

February 2, 2011

 

 

 

 

 

Record Date:

 

January 28, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders will receive a consent payment of $5.00 per $1,000 principal amount of Notes held if the requisite consent is met, regardless of whether such holder consented to the proposed amendments.

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Wind Acquisition Finance S.A. 11.75% 7/15/17

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B3P9K35

 

Meeting Type:

 

Consent

 

Meeting Date:

 

February 25, 2011

 

 

 

 

 

Record Date:

 

February 22, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders who consent will receive a consent fee

 

N/A

 

Yes

 

Management

 



 

Grohe Holding GMBH Notes due 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B1N83D1

 

Meeting Type:

 

Consent and Tender

 

Meeting Date:

 

March 7, 2011

 

 

 

 

 

Record Date:

 

March 2, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders will receive a consent fee of EUR 2.50 per EUR1,000 principal amount

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Grohe Holding GMBH Notes due 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B1N83D1

 

Meeting Type:

 

Consent

 

Meeting Date:

 

March 7, 2011

 

 

 

 

 

Record Date:

 

March 3, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders will receive total compensation of EUR 1,003.50 per EUR 1,000 principal amount which includes the consent payment of EUR 2.50 per EUR 1,000 principal amount. This option is an automatic consent to the Proposal

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Penn Virginia Corporation 10.375% 6/15/16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B5LJ2F9

 

Meeting Type:

 

Consent

 

Meeting Date:

 

April 1, 2011

 

 

 

 

 

Record Date:

 

March 23, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders who consent to the amendments will receive a consent fee of $2.50 per $1,000 principal amount of Notes held.

 

N/A

 

Yes

 

Management

 



 

Lions Gate Entertainment 10.25% 11/1/16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B56Q6K8

 

Meeting Type:

 

Consent

 

Meeting Date:

 

May 15, 2011

 

 

 

 

 

Record Date:

 

May 5, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders will receive a consent payment of $23.75 per $1,000 principal amount held, subject to the terms and conditions set forth in the Consent Solicitation Statement.

 

N/A

 

Yes

 

Management

 

 

 

 

 

 

 

 

Vantage Drilling Company 11.50% First Lien Notes due 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B67K736

 

Meeting Type:

 

Consent

 

Meeting Date:

 

May 19, 2011

 

 

 

 

 

Record Date:

 

May 12, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders who consent to the proposed amentments will receive a consent fee of $5.00 per $1,000 principal amount held.

 

N/A

 

No

 

Management

 

 

 

 

 

 

 

 

CIT Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

B4ZWBK5

 

Meeting Type:

 

Consent and Exchange

 

Meeting Date:

 

June 13, 2011

 

 

 

 

 

Record Date:

 

May 20, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Holders will receive the Total Exchange Consideration which includes $1,000 principal amount of new notes and the Consent Payment of $2.50 per $1,000 principal amount held.

 

N/A

 

No

 

Management

 



 

Smurfit Stone Container Corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

83272A104

 

Meeting Type:

 

Special

 

Meeting Date:

 

“May 27, 2011

 

 

 

 

 

Record Date:

 

April 8, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Approve Merger Agreement

 

In Favor

 

Yes

 

Management

2

Adjourn Meeting

 

In Favor

 

Yes

 

Management

 

 

 

 

 

 

 

 

AMO Escrow 11.50%, 12/15/17

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security ID:

 

00175KAA2

 

Meeting Type:

 

Special

 

Meeting Date:

 

June 27, 2011

 

 

 

 

 

Record Date:

 

June 15, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Proposal

 

Mgmt. Rec

 

Vote Cast

 

Sponsor

 

 

 

 

 

 

 

 

1

Consent to waiver under the indenture.

 

N/A

 

Yes

 

Management

 



 

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/ Robert F. Birch   President and Principal Executive Officer

 

Date

August 29, 2011

 


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

 

1