# EDGAR Filing Document

**Accession Number:** 0000758003
**File Stem:** 0001021408-25-004296
**Filing Date:** 2025-8
**Character Count:** 13412
**Document Hash:** 6cb8477eb5a87b6ba001e681c1ebe994
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001021408-25-004296.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001021408-25-004296

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Tax-Free High Yield Fund, Inc.
- **CENTRAL INDEX KEY:** 0000758003

**ORGANIZATION NAME:**
- **EIN:** 521381369
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04163
- **FILM NUMBER:** 251276380

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE TAX FREE HIGH YIELD FUND INC
- **DATE OF NAME CHANGE:** 19920703

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0000758003

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Registered Management Investment Company

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** T. Rowe Price Tax-Free High Yield Fund, Inc.

**Address:** 1307 Point Street, Baltimore, MD 21231

**Telephone number:** (410) 345-2000

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 811-04163

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [ ] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [x] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                 | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                    | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Election of Directors: Jean S. Blackwell                                                                                                                            | DIRECTOR ELECTIONS           |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Election of Directors: Luis Fernandez-Moreno                                                                                                                        | DIRECTOR ELECTIONS           |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Election of Directors: Diane H. Gulyas                                                                                                                              | DIRECTOR ELECTIONS           |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Election of Directors: Bruce D. Hoechner                                                                                                                            | DIRECTOR ELECTIONS           |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Election of Directors: Frederick J. Lynch                                                                                                                           | DIRECTOR ELECTIONS           |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Election of Directors: Karen G. Narwold                                                                                                                             | DIRECTOR ELECTIONS           |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Election of Directors: Daniel F. Sansone                                                                                                                            | DIRECTOR ELECTIONS           |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Election of Directors: J. Kevin Willis                                                                                                                              | DIRECTOR ELECTIONS           |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Election of Directors: Benjamin G. Wright                                                                                                                           | DIRECTOR ELECTIONS           |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Advisory vote on compensation of our Named Executive Officers (Say-on-Pay).                                                                                         | SECTION 14A SAY-ON-PAY VOTES |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2025.                              | AUDIT-RELATED                |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| Ingevity Corporation           | 45688C107 | 04/30/2025     | Approve the Ingevity Corporation 2025 Omnibus Incentive Plan                                                                                                        | COMPENSATION                 |            804 |                0 | FOR         |                                      804 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: Rosalind Brewer                                                                                                     | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: Michelle Freyre                                                                                                     | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: Matthew Friend                                                                                                      | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: Barney Harford                                                                                                      | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: Michele J. Hooper                                                                                                   | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: Walter Isaacson                                                                                                     | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: J. Scott Kirby                                                                                                      | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: Edward M. Philip                                                                                                    | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: Edward L. Shapiro                                                                                                   | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: Laysha Ward                                                                                                         | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Election of Directors Named in Proxy Statement: James M. Whitehurst                                                                                                 | DIRECTOR ELECTIONS           |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | The ratification of the appointment of Ernst  Young LLP to serve as our independent registered public accounting firm for the fiscal year ending December 31, 2025. | AUDIT-RELATED                |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | A vote to approve, on a nonbinding advisory basis, the compensation of our named executive officers.                                                                | SECTION 14A SAY-ON-PAY VOTES |            307 |                0 | FOR         |                                      307 | FOR                         |  |
| United Airlines Holdings, Inc. | 910047109 | 05/21/2025     | Advisory vote on stockholder proposal regarding removal of the one-year stock ownership holding period required for stockholders to call a special meeting.         | CORPORATE GOVERNANCE         |            307 |                0 | AGAINST     |                                      307 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** T. Rowe Price Tax-Free High Yield Fund, Inc.

**By (Signature):** David Oestreicher

**By (Printed Signature):** David Oestreicher

**By (Title):** Principal Executive Officer

**Date:** 08/29/2025