UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM N-PX
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ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-5410
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ING PRIME RATE TRUST
(Exact name of registrant as specified in charter)
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7337 E. Doubletree Ranch Road, Suite 100
Scottsdale, AZ 85258
(Address of principal executive offices) (Zip code)
(Name and address of
agent for service)
With copies to:
Theresa K. Kelety, Esq.
ING Investments, LLC Jeffrey S. Puretz, Esq.
7337 E. Doubletree Ranch Dechert LLP
Road, Suite 100 1775 I Street, N.W.
Scottsdale, AZ 85258 Washington, DC 20006
Registrant's telephone number, including area code: (800) 992-0180
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Date of fiscal year end: February 28
Date of reporting period: July 1, 2010 - June 30, 2011
Item 1. Proxy Voting Record
******************************* FORM N-PX REPORT *******************************
ICA File Number: 811-05410
Reporting Period: 07/01/2010 - 06/30/2011
ING Prime Rate Trust
============================= ING PRIME RATE TRUST =============================
HAWAIIAN TELCOM HOLDCO, INC.
Ticker: HWLT Security ID: 420031106
Meeting Date: MAY 13, 2011 Meeting Type: Annual
Record Date: MAR 22, 2011
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Richard A. Jalkut For For Management
1.2 Elect Director Kurt M. Cellar For For Management
1.3 Elect Director Walter A. Dods, Jr. For For Management
1.4 Director Warren H. Haruki For For Management
1.5 Elect Director Steven C. Oldham For For Management
1.6 Elect Director Bernard R. Phillips, III For For Management
1.7 Elect Director Eric K. Yeaman For For Management
2 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
3 Advisory Vote on Say on Pay Frequency Three One Year Management
Years
4 Ratify Auditors For For Management
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LYONDELLBASELL INDUSTRIES NV
Ticker: LYB Security ID: N53745100
Meeting Date: AUG 02, 2010 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Open Meeting None None Management
2 Reelect M. Carroll and R.M.J. van der For Did Not Vote Management
Meer to Supervisory Board
3 Elect S.F. Cooper to Supervisory Board For Did Not Vote Management
4 Reelect B.A. Smith to Supervisory Board For Did Not Vote Management
5 Approve Remuneration of Supervisory For Did Not Vote Management
Board
6 Allow Questions None None Management
7 Close Meeting None None Management
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LYONDELLBASELL INDUSTRIES NV
Ticker: LYB Security ID: N53745118
Meeting Date: AUG 02, 2010 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Open Meeting None None Management
2 Reelect M. Carroll and R.M.J. van der For Did Not Vote Management
Meer to Supervisory Board
3 Elect S.F. Cooper to Supervisory Board For Did Not Vote Management
4 Reelect B.A. Smith to Supervisory Board For Did Not Vote Management
5 Approve Remuneration of Supervisory For Did Not Vote Management
Board
6 Allow Questions None None Management
7 Close Meeting None None Management
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MEGA BRANDS INC.
Ticker: MB Security ID: 58515N105
Meeting Date: MAY 12, 2011 Meeting Type: Annual
Record Date: MAR 21, 2011
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Victor J. Bertrand For For Management
1.2 Elect Director Marc Bertrand For For Management
1.3 Elect Director Vic Bertrand For For Management
1.4 Elect Director Nicola Di Iorio For For Management
1.5 Elect Director Paul Rivett For For Management
1.6 Elect Director Benn Mikula For For Management
1.7 Elect Director Joe Marsilii For For Management
1.8 Elect Director Tom P. Muir For For Management
2 Approve PricewaterhouseCoopers LLP as For For Management
Auditors and Authorize Board to Fix
Their Remuneration
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SUPERMEDIA INC.
Ticker: SPMD Security ID: 868447103
Meeting Date: MAY 11, 2011 Meeting Type: Annual
Record Date: MAR 14, 2011
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Edward J. Bayone For For Management
1.2 Elect Director Robert C. Blattberg For For Management
1.3 Elect Director Charles B. Carden For For Management
1.4 Elect Director Robin Domeniconi For For Management
1.5 Elect Director Thomas D. Gardner For For Management
1.6 Elect Director David E. Hawthorne For For Management
1.7 Elect Director Peter J. McDonald For For Management
1.8 Elect Director Thomas S. Rogers For For Management
1.9 Elect Director John Slater For For Management
1.10 Elect Director Douglas D. Wheat For For Management
2 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
3 Advisory Vote on Say on Pay Frequency One Year One Year Management
4 Ratify Auditors For For Management
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XERIUM TECHNOLOGIES, INC.
Ticker: XRM Security ID: 98416J118
Meeting Date: OCT 29, 2010 Meeting Type: Annual
Record Date: SEP 29, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Stephen R. Light For For Management
1.2 Elect Director Ambassador A.H. Foley For For Management
1.3 Elect Director Jay J. Gurandiano For For Management
1.4 Elect Director John F. McGovern For For Management
1.5 Elect Director Edward Paquette For For Management
1.6 Elect Director Marc Saiontz For For Management
1.7 Elect Director James F. Wilson For For Management
2 Ratify Auditors For For Management
========== END N-PX REPORT
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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.
ING PRIME RATE TRUST
By: /s/ Shaun P. Mathews
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Shaun P. Mathews
President and Chief
Executive Officer
Date: August 26, 2011