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T. Rowe Price High Yield Fund, Inc.
fund voting report, part of T. Rowe Price
- Vote records reported
- 16year to 30 June 2026
- Against management
- 12.5%2 of 16 marked votes
- Say-on-pay support
- not reportedfor, of for + against + abstain
- Shareholder-proposal support
- not reportedtoo few votes to show
foragainstabstain, withhold or otheramber tick: the portion cast against management
T. Rowe Price High Yield Fund, Inc. reported 16 vote records for the year to 30 June 2026. It marked 12.5% of its votes as cast against management (2 of 16), 6.3 percentage points above the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 11.2%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
It reported 4.6 million shares out on loan at record dates, 58.29% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 12.5% | 6.2% | 10.6% |
| Say-on-pay support rate | not reported | 91.6% | 86.0% |
| Shareholder-proposal support rate | not reported | 27.5% | 33.9% |
| Shares on loan, share of shares held | 58.29% | 0.00% | 3.12% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 10 | 10 | 0 | 0.0% | |
| SECTION 14A SAY-ON-PAY VOTES | 1 | 1 | 0 | 0.0% | |
| AUDIT-RELATED | 1 | 1 | 0 | 0.0% | |
| EXTRAORDINARY TRANSACTIONS | 1 | 1 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 1 | 1 | 0 | 0.0% | |
| COMPENSATION | 1 | 0 | 1 | 100.0% | |
| CORPORATE GOVERNANCE | 1 | 0 | 1 | 100.0% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 76 | 1.3% | 100.0% | not reported | |
| year to 30 June 2025 | 60 | 5.0% | not reported | not reported | |
| year to 30 June 2026 | 16 | 12.5% | not reported | not reported |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, T. Rowe Price High Yield Fund, Inc. voted against management on 0 of the 1 it marked either way (0.0%) in the year to 30 June 2026.
Shareholder proposals it supported
No separable proposals from security holders were reported for this season.
Shares on loan
T. Rowe Price High Yield Fund, Inc. reported 4.6 million shares on loan at record dates against 3.3 million shares voted: 58.29% of the two together. Median fund registrant: 0.00%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 28 Aug 2026 accession 0001193125-26-372931
- Every N-PX filing by this filer on EDGAR
Questions
How did T. Rowe Price High Yield Fund, Inc. vote on executive pay?
In the year to 30 June 2026 T. Rowe Price High Yield Fund, Inc. reported 1 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 1 were for (100.0%), 0 against and 0 abstentions. Counting one item per company meeting, it voted against management on 0 of the 1 say-on-pay items it marked either way.
How often does T. Rowe Price High Yield Fund, Inc. vote against management?
12.5% of the time in the year to 30 June 2026: 2 of the 16 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Did T. Rowe Price High Yield Fund, Inc. support shareholder proposals on climate?
It reported no votes on security-holder proposals in the category ENVIRONMENT OR CLIMATE for the year to 30 June 2026.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by T. Rowe Price High Yield Fund, Inc. (filer no. 754915), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.