Pacholder High Yield Fund Holds 2011 Annual Shareholder Meeting
April 27 2011 - 4:01PM
Business Wire
The Pacholder High Yield Fund, Inc. (NYSE AMEX:PHF) held its
2011 Annual Shareholder Meeting today in New York City. At the
meeting, the shareholders reelected the Board of Directors.
Frederick Ruebeck and James Schonbachler were elected by the
holders of the Fund’s auction rate preferred shares voting as a
separate class, and Fergus Reid III, William Armstrong, John Finn,
Matthew Goldstein, Robert Higgins, Peter Marshall, Marilyn McCoy,
William Morton, Jr., Robert Oden, Jr., Frankie Hughes and Leonard
Spalding, Jr. were elected by the holders of the common stock and
preferred shares, voting together as a single class.
The Fund is a closed-end diversified management investment
company with a leveraged capital structure. Its investment
objective is to provide a high level of total return through
current income and capital appreciation. Under normal
circumstances, the Fund invests at least 80% of the value of its
assets in high yield securities. The Fund invests primarily in
fixed income securities of domestic companies. The Fund’s common
stock is traded on the NYSE Amex under the symbol “PHF”.
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