UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-8709
Salomon Brothers High Income Fund II Inc.
(Exact name of registrant as specified in charter)
125 BROAD STREET, NEW YORK, NEW YORK 10004
(Address of principal executive offices) (Zip code)
Robert I. Frenkel, Esq.
300 First Stamford Place, 4th Floor
Stamford, Connecticut 06902
(Name and address of agent for service)
Registrants telephone number, including area code: 203-890-7046
Date of fiscal year end: April 30
Date of reporting period: July 1, 2005June 30, 2006
Item 1. Proxy Voting Record
A report may indicate that the Adviser or Subadviser, as the case may be, did note vote in a particular proposal. No vote was entered for a proposal where (a) certain restrictions or pre-conditions on voting may, if followed, have adversely affected investment management of the funds portfolio holdings, such as share blocking rules that prohibit sales during the shareholder solicitation and voting process, (b) potential material conflicts of interest arising from proxy proposals were identified by the CAM Proxy Voting Committee, (c) administrative or operational constraints impeded the ability to cast a timely vote, such as late receipt of proxy voting information, and/or (d) systems or processing errors occurred (including errors by third party vendors).
<PRE> ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-08709 Reporting Period: 07/01/2005 - 06/30/2006 Salomon Brothers High Income Fund II Inc. =================== SALOMON BROTHERS HIGH INCOME FUND II INC. ================= ALAMOSA HOLDINGS, INC. Ticker: APCS Security ID: 011589207 Meeting Date: JAN 25, 2006 Meeting Type: Special Record Date: DEC 23, 2005 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Agreement For For Management -------------------------------------------------------------------------------- AMERICAN TOWER CORP. Ticker: AMT Security ID: 029912201 Meeting Date: MAY 11, 2006 Meeting Type: Annual Record Date: MAR 23, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Raymond P. Dolan For For Management 1.2 Elect Director Carolyn F. Katz For For Management 1.3 Elect Director Gustavo Lara Cantu For For Management 1.4 Elect Director Fred R. Lummis For For Management 1.5 Elect Director Pamela D.A. Reeve For For Management 1.6 Elect Director James D. Taiclet, Jr. For For Management 1.7 Elect Director Samme L. Thompson For For Management 2 Ratify Auditors For For Management -------------------------------------------------------------------------------- GRAND CASINOS, INC. Ticker: Security ID: 700690AH3 Meeting Date: JUL 22, 2005 Meeting Type: Written Consent Record Date: JUL 8, 2005 # Proposal Mgt Rec Vote Cast Sponsor 1 PROPOSED AMENDMENTS TO THE INDENTURES AND For Did Not Management THE ISSUANCE OF THE GUARANTEES Vote -------------------------------------------------------------------------------- GRAND CASINOS, INC. Ticker: Security ID: 700690AJ9 Meeting Date: JUL 22, 2005 Meeting Type: Written Consent Record Date: JUL 8, 2005 # Proposal Mgt Rec Vote Cast Sponsor 1 PROPOSED AMENDMENTS TO THE INDENTURES AND For Did Not Management THE ISSUANCE OF THE GUARANTEES Vote -------------------------------------------------------------------------------- GRAND CASINOS, INC. Ticker: Security ID: 700690AL4 Meeting Date: JUL 22, 2005 Meeting Type: Written Consent Record Date: JUL 8, 2005 # Proposal Mgt Rec Vote Cast Sponsor 1 PROPOSED AMENDMENTS TO THE INDENTURES AND For Did Not Management THE ISSUANCE OF THE GUARANTEES Vote -------------------------------------------------------------------------------- LIBERTY GLOBAL INC. Ticker: LBTYA Security ID: 530555101 Meeting Date: JUN 22, 2006 Meeting Type: Annual Record Date: APR 26, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director John P. Cole, Jr. For For Management 1.2 Elect Director David E. Rapley For For Management 1.3 Elect Director Gene W. Schneider For For Management 2 Ratify Auditors For For Management -------------------------------------------------------------------------------- MIRANT CORP Ticker: MIR.XA Security ID: 60467R100 Meeting Date: MAY 9, 2006 Meeting Type: Annual Record Date: MAR 24, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Thomas W. Cason For For Management 1.2 Elect Director A.D. Correll For For Management 1.3 Elect Director Terry G. Dallas For For Management 1.4 Elect Director Thomas H. Johnson For For Management 1.5 Elect Director John T. Miller For For Management 1.6 Elect Director Edward R. Muller For For Management 1.7 Elect Director Robert C. Murray For For Management 1.8 Elect Director John M. Quain For For Management 1.9 Elect Director William L. Thacker For For Management 2 Ratify Auditors For For Management -------------------------------------------------------------------------------- NTL INC Ticker: NTLI Security ID: 87956T107 Meeting Date: MAR 2, 2006 Meeting Type: Special Record Date: JAN 12, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Articles to Reclassify Each Share For For Management of Common Stock 2 Issue Shares in Connection with an For For Management Acquisition -------------------------------------------------------------------------------- NTL INC Ticker: NTLI Security ID: 62941W101 Meeting Date: MAY 18, 2006 Meeting Type: Annual Record Date: APR 12, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Edwin M. Banks For For Management 1.2 Elect Director Stephen A. Burch For For Management 1.3 Elect Director Simon P. Duffy For For Management 1.4 Elect Director Charles C. Gallagher For For Management 2 Ratify Auditors For For Management 3 Adoption of Share Issuance Bonus Scheme For For Management 4 Approve Omnibus Stock Plan For Against Management -------------------------------------------------------------------------------- NTL INCORPORATED Ticker: Security ID: 62940M104 Meeting Date: MAR 2, 2006 Meeting Type: Special Record Date: JAN 12, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Agreement For For Management -------------------------------------------------------------------------------- SPECTRASITE, INC. Ticker: SSI Security ID: 84761M104 Meeting Date: AUG 3, 2005 Meeting Type: Special Record Date: JUN 14, 2005 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Agreement For For Management 2 Adjourn Meeting For For Management -------------------------------------------------------------------------------- US UNWIRED INC. Ticker: Security ID: 90338RAG9 Meeting Date: FEB 27, 2006 Meeting Type: Written Consent Record Date: FEB 9, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1 PROPOSED AMENDMENTS None For Management ========== END NPX REPORT </PRE>
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.
SALOMON BROTHERS HIGH INCOME FUND II INC.
By:
/s/ R. Jay Gerken
R. Jay Gerken
Chairman, President and Chief Executive Officer of Salomon Brothers High Income Fund II Inc.
Date: August 25, 2006