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)
James D. Dondero
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, 2007 - June 30, 2008
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, 2007 TO JUNE 30, 2008
HIGHLAND CREDIT STRATEGIES FUND
     GLOBALSANTAFE CORPORATION
                 
Security:
   G3930E101   Agenda Number:   932778395
Ticker:
   GSF   Meeting Type:   Special
ISIN:
   KYG3930E1017   Meeting Date:   09-Nov-07
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01  
Share Scheme
   Mgmt   For   For
   
 
            
02  
Share Scheme
   Mgmt   For   For

 

 

GRAPHIC PACKAGING CORPORATION
                 
Security:
   388688103   Agenda Number:   932798513
Ticker:
   GPK   Meeting Type:   Special
ISIN:
       Meeting Date:   17-Jan-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01  
Approve Merger Agreement
   Mgmt   For   For
   
 
            
02  
Increase Share Capital
   Mgmt   For   For
   
 
            
03  
Approve Motion to Adjourn Meeting
   Mgmt   For   For

 

 

GRAPHIC PACKAGING HOLDING COMPANY
                 
Security:
   388689101   Agenda Number:   932885087
Ticker:
   GPK   Meeting Type:   Annual
ISIN:
       Meeting Date:   20-May-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01  
Election of Directors
            
   
 
            
   
1 G. ANDREA BOTTA
   Mgmt   For   For
   
 
            
   
2 JEFFREY H. COORS
   Mgmt   For   For
   
 
            
   
3 KEVIN J. CONWAY
   Mgmt   For   For
   
 
            
   
4 KELVIN L. DAVIS
   Mgmt   For   For
   
 
            
   
5 DAVID W. SCHEIBLE
   Mgmt   For   For

 

 

GRAY TELEVISION INC
                 
Security:
   389375106   Agenda Number:   932877535
Ticker:
   GTN   Meeting Type:   Annual
ISIN:
   US3893751061   Meeting Date:   04-Jun-08
                 
        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    

 

 

GRAY TELEVISION INC
                 
Security:
   389375205   Agenda Number:   932877535
Ticker:
   GTNA   Meeting Type:   Annual
ISIN:
   US3893752051   Meeting Date:   04-Jun-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01  
Election of Directors
            
   
 
            
   
1 RICHARD L. BOGER
   Mgmt   For   For
   
 
            
   
2 RAY M. DEAVER
   Mgmt   For   For
   
 
            
   
3 T.L. ELDER
   Mgmt   For   For
   
 
            
   
4 HILTON H. HOWELL, JR.
   Mgmt   For   For
   
 
            
   
5 WILLIAM E. MAYHER, III
   Mgmt   For   For
   
 
            
   
6 ZELL B. MILLER
   Mgmt   For   For
   
 
            
   
7 HOWELL W. NEWTON
   Mgmt   For   For
   
 
            
   
8 HUGH E. NORTON
   Mgmt   For   For
   
 
            
   
9 ROBERT S. PRATHER, JR.
   Mgmt   For   For
   
 
            
   
10 HARRIETT J. ROBINSON
   Mgmt   For   For
   
 
            
   
11 J. MACK ROBINSON
   Mgmt   For   For

 

 

ICO GLOBAL COMMUNICATIONS (HLDG.) LTD.
                 
Security:
   44930K108   Agenda Number:   932895824
Ticker:
   ICOG   Meeting Type:   Annual
ISIN:
   US44930K1088   Meeting Date:   06-Jun-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01  
Election of Directors
            
   
 
            
   
1 CRAIG O. MCCAW
   Mgmt   For   For
   
 
            
   
2 J. TIMOTHY BRYAN
   Mgmt   For   For
   
 
            
   
3 DONNA P. ALDERMAN
   Mgmt   For   For
   
 
            
   
4 SAMUEL L. GINN
   Mgmt   For   For
   
 
            
   
5 BARRY L. ROWAN
   Mgmt   For   For
   
 
            
   
6 R. GERARD SALEMME
   Mgmt   For   For
   
 
            
   
7 H. BRIAN THOMPSON
   Mgmt   For   For
   
 
            
   
8 DAVID WASSERMAN
   Mgmt   For   For
   
 
            
   
9 BENJAMIN G. WOLFF
   Mgmt   For   For
   
 
            
02  
Ratify Appointment of Independent Auditors
   Mgmt   For   For

 

 

NRG ENERGY, INC.
                 
Security:
   629377508   Agenda Number:   932844396
Ticker:
   NRG   Meeting Type:   Annual
ISIN:
   US6293775085   Meeting Date:   14-May-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01  
Election of Directors
            
   
 
            
   
1 LAWRENCE S. COBEN
   Mgmt   For   For
   
 
            
   
2 PAUL W. HOBBY
   Mgmt   For   For
   
 
            
   
3 HERBERT H. TATE
   Mgmt   For   For
   
 
            
   
4 WALTER R. YOUNG
   Mgmt   For   For
   
 
            
02  
Adopt Employee Stock Purchase Plan
   Mgmt   For   For
   
 
            
03  
Ratify Appointment of Independent Auditors
   Mgmt   For   For

 

 

OWENS CORNING
                 
Security:
   690742101   Agenda Number:   932783930
Ticker:
   OC   Meeting Type:   Annual
ISIN:
   US6907421019   Meeting Date:   06-Dec-07
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01  
Election of Directors
            
   
 
            
   
1 RALPH F. HAKE
   Mgmt   For   For
   
 
            
   
2 F. PHILIP HANDY
   Mgmt   For   For
   
 
            
   
3 MARC SOLE
   Mgmt   For   For
   
 
            
   
4 MICHAEL H. THAMAN
   Mgmt   For   For
   
 
            
   
5 DANIEL K.K. TSEUNG
   Mgmt   For   For
   
 
            
02  
Amend Stock Option Plan
   Mgmt   Against   Against
   
 
            
03  
Ratify Appointment of Independent Auditors
   Mgmt   For   For

 

 

PDL BIOPHARMA, INC.
                 
Security:
   69329Y104   Agenda Number:   932893313
Ticker:
   PDLI   Meeting Type:   Annual
ISIN:
   US69329Y1047   Meeting Date:   28-May-08
                 
        Proposed       For/Against
Prop. #   Proposal   by   Proposal Vote   Management
01  
Miscellaneous Corporate Governance
   Mgmt   For   For
   
 
            
02  
Ratify Appointment of Independent Auditors
   Mgmt   For   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
             Highland Credit Strategies Fund
     
By (Signature and Title)*
   /s/ James D. Dondero
     
              James D. Dondero, Chief Executive Officer and President
          (Principal Executive Officer)
     
Date
   August 28, 2008
     
 
*Print the name and title of each signing officer under his or her signature.