N-PX 1 formnpx-fhit.txt FR. HIGH INCOME TRUST N-PX PE 6/30/04 ------------------------ OMB APPROVAL ------------------------ OMB Number: 3235-0582 Expires: March 31, 2006 Estimated average burden hours per response..14.4 ------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-01608 ---------- FRANKLIN HIGH INCOME TRUST ------------------------------------------------------------------------------- (Exact name of registrant as specified in charter) ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906 ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) MURRAY L. SIMPSON, ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906 -------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: (650) 312-2000 ---------------- Date of fiscal year end: 5/31 ------- Date of reporting period: 6/30/04 --------- ITEM 1. PROXY VOTING RECORD ======================= FRANKLIN'S AGE HIGH INCOME FUND ======================== JACK IN THE BOX INC. Ticker: JBX Security ID: 466367109 Meeting Date: FEB 13, 2004 Meeting Type: Annual Record Date: DEC 19, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Michael E. Alpert For For Management 1.2 Elect Director Edward W. Gibbons For For Management 1.3 Elect Director Anne B. Gust For Withhold Management 1.4 Elect Director Alice B. Hayes For Withhold Management 1.5 Elect Director Murray H. Hutchison For Withhold Management 1.6 Elect Director Linda A. Lang For For Management 1.7 Elect Director Michael W. Murphy For Withhold Management 1.8 Elect Director Robert J. Nugent For For Management 1.9 Elect Director L. Robert Payne For For Management 2 Approve Omnibus Stock Plan For For Management 3 Ratify Auditors For For Management -------------------------------------------------------------------------------- KINDRED HEALTHCARE, INC. Ticker: KIND Security ID: 494580103 Meeting Date: MAY 18, 2004 Meeting Type: Annual Record Date: MAR 25, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Edward L. Kuntz For For Management 1.2 Elect Director Thomas P. Cooper, M.D. For Withhold Management 1.3 Elect Director Paul J. Diaz For For Management 1.4 Elect Director Michael J. Embler For For Management 1.5 Elect Director Garry N. Garrison For For Management 1.6 Elect Director Isaac Kaufman For Withhold Management 1.7 Elect Director John H. Klein For For Management 1.8 Elect Director Eddy J. Rogers, Jr. For For Management 2 Amend Omnibus Stock Plan For For Management 3 Amend Non-Employee Director Stock Option For For Management Plan -------------------------------------------------------------------------------- MCMORAN EXPLORATION CO. Ticker: MMR Security ID: 582411104 Meeting Date: MAY 6, 2004 Meeting Type: Annual Record Date: MAR 12, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Richard C. Adkerson For For Management 1.2 Elect Director B.M. Rankin, Jr. For Withhold Management 1.3 Elect Director James R. Moffett For For Management 2 Ratify Auditors For For Management 3 Approve Non-Employee Director Stock For For Management Option Plan -------------------------------------------------------------------------------- METROCALL HOLDINGS, INC. Ticker: MTOH Security ID: 59164X105 Meeting Date: SEP 24, 2003 Meeting Type: Special Record Date: AUG 1, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Increase Authorized Common Stock For For Management 2 Amend Securities Transfer Restrictions For For Management 3 Amend Stock Option Plan For For Management -------------------------------------------------------------------------------- NEXTEL COMMUNICATIONS, INC. Ticker: NXTL Security ID: 65332V103 Meeting Date: MAY 27, 2004 Meeting Type: Annual Record Date: APR 2, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Keith J. Bane For For Management 1.2 Elect Director V. Janet Hill For Withhold Management 2 Ratify Auditors For Against Management 3 Amend Employee Stock Purchase Plan For For Management -------------------------------------------------------------------------------- NII HOLDINGS, INC. Ticker: NIHD Security ID: 62913F201 Meeting Date: APR 28, 2004 Meeting Type: Annual Record Date: MAR 25, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Steven P. Dussek For Withhold Management 1.2 Elect Director Steven M. Shindler For Withhold Management 2 Increase Authorized Common Stock For Against Management 3 Approve Omnibus Stock Plan For For Management 4 Adjourn Meeting For Against Management -------------------------------------------------------------------------------- NTL INCORPORATED Ticker: NTLI Security ID: 62940M104 Meeting Date: MAY 6, 2004 Meeting Type: Annual Record Date: MAR 22, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Jeffrey D. Benjamin For For Management 1.2 Elect Director David Elstein For For Management 2 Ratify Auditors For For Management 3 Amend Omnibus Stock Plan For Against Management 4 Approve Executive Incentive Bonus Plan For For Management 5 Approve Share Plan Grant For For Management -------------------------------------------------------------------------------- PTV INC. Ticker: PTVI Security ID: 62940R202 Meeting Date: JAN 27, 2004 Meeting Type: Special Record Date: DEC 9, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Reverse Stock Split For For Management 2 Change Company Name For For Management -------------------------------------------------------------------------------- SPECTRASITE, INC. Ticker: SSI Security ID: 84761M104 Meeting Date: MAY 25, 2004 Meeting Type: Annual Record Date: APR 16, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Stephen H. Clark For For Management 1.2 Elect Director Paul M. Albert, Jr. For For Management 1.3 Elect Director Robert Katz For Withhold Management 1.4 Elect Director Richard Masson For Withhold Management 2 Ratify Auditors For For Management -------------------------------------------------------------------------------- VELTRI METAL PRODUCTS, INC. (FORMERLY VS HOLDINGS, INC.) Ticker: Security ID: 918303108 Meeting Date: AUG 13, 2003 Meeting Type: Annual Record Date: JUN 16, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Joe Colonnetta For For Management 1.2 Elect Director Michael Veltri For For Management -------------------------------------------------------------------------------- WALTER INDUSTRIES, INC. Ticker: WLT Security ID: 93317Q105 Meeting Date: APR 22, 2004 Meeting Type: Annual Record Date: MAR 1, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Donald N. Boyce For For Management 1.2 Elect Director Howard L. Clark, Jr. For For Management 1.3 Elect Director Don DeFosset For For Management 1.4 Elect Director Perry Golkin For For Management 1.5 Elect Director Jerry W. Kolb For For Management 1.6 Elect Director Scott C. Nuttall For For Management 1.7 Elect Director Bernard G. Rethore For For Management 1.8 Elect Director Neil A. Springer For For Management 1.9 Elect Director Michael T. Tokarz For For Management 2 Ratify Auditors For For Management 3 Amend Articles For For Management 4 Amend Employee Stock Purchase Plan For For Management -------------------------------------------------------------------------------- XO COMMUNICATIONS, INC. Ticker: XOCM Security ID: 983764838 Meeting Date: MAY 27, 2004 Meeting Type: Annual Record Date: APR 16, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Carl C. Icahn For For Management 1.2 Elect Director Carl J. Grivner For For Management 1.3 Elect Director Andrew R. Cohen For For Management 1.4 Elect Director Adam Dell For Withhold Management 1.5 Elect Director Vincent J. Intrieri For Withhold Management 1.6 Elect Director Keith Meister For Withhold Management 2 Approve Omnibus Stock Plan For Against Management 3 Ratify Auditors For For 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) FRANKLIN HIGH INCOME TRUST ------------------------------------------------------------------- By:(Signature and Title)*/s/JIMMY D. GAMBILL ------------------------------------------------------ Jimmy D. Gambill, Chief Executive Officer - Finance and Administration Date August 25, 2004 -------------------------------------------------------------------------- *Print the name and title of each signing officer under his or her signature.