UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER: 811-08464 NAME OF REGISTRANT: High Income Opportunities Portfolio ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: Two International Place Boston, MA 02110 NAME AND ADDRESS OF AGENT FOR SERVICE: Maureen A. Gemma, Esq. Two International Place Boston, MA 02110 REGISTRANT'S TELEPHONE NUMBER: 617-482-8260 DATE OF FISCAL YEAR END: 10/31 DATE OF REPORTING PERIOD: 07/01/2019 - 06/30/2020 High Income Opportunities Portfolio -------------------------------------------------------------------------------------------------------------------------- ACADIA HEALTHCARE COMPANY, INC. Agenda Number: 935152481 -------------------------------------------------------------------------------------------------------------------------- Security: 00404A109 Meeting Type: Annual Meeting Date: 07-May-2020 Ticker: ACHC ISIN: US00404A1097 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Wade D. Miquelon Mgmt For For 1B. Election of Director: William M. Petrie, Mgmt Against Against M.D. 2. Advisory vote on the compensation of the Mgmt For For Company's named executive officers as presented in the Proxy Statement. 3. Ratify the appointment of Ernst & Young LLP Mgmt For For as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2020. -------------------------------------------------------------------------------------------------------------------------- AVAYA HOLDINGS CORP. Agenda Number: 935123290 -------------------------------------------------------------------------------------------------------------------------- Security: 05351X101 Meeting Type: Annual Meeting Date: 04-Mar-2020 Ticker: AVYA ISIN: US05351X1019 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR William D. Watkins Mgmt Withheld Against James M. Chirico, Jr. Mgmt For For Stephan Scholl Mgmt Withheld Against Susan L. Spradley Mgmt Withheld Against Stanley J. Sutula, III Mgmt For For Scott D. Vogel Mgmt For For Jacqueline E. Yeaney Mgmt For For 2. Advisory approval of the Company's named Mgmt For For executive officers' compensation. 3. Approval of the Avaya Holdings Corp. 2019 Mgmt For For Equity Incentive Plan. 4. Approval of the Avaya Holdings Corp. 2020 Mgmt For For Employee Stock Purchase Plan. 5. Ratification of the appointment of Mgmt For For PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2020. -------------------------------------------------------------------------------------------------------------------------- BAUSCH HEALTH COMPANIES, INC. Agenda Number: 935145335 -------------------------------------------------------------------------------------------------------------------------- Security: 071734107 Meeting Type: Annual Meeting Date: 28-Apr-2020 Ticker: BHC ISIN: CA0717341071 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Richard U. De Mgmt For For Schutter 1B. Election of Director: D. Robert Hale Mgmt For For 1C. Election of Director: Dr. Argeris (Jerry) Mgmt For For N. Karabelas 1D. Election of Director: Sarah B. Kavanagh Mgmt Abstain Against 1E. Election of Director: Joseph C. Papa Mgmt For For 1F. Election of Director: John A. Paulson Mgmt For For 1G. Election of Director: Robert N. Power Mgmt Abstain Against 1H. Election of Director: Russel C. Robertson Mgmt Abstain Against 1I. Election of Director: Thomas W. Ross, Sr. Mgmt Abstain Against 1J. Election of Director: Andrew C. von Mgmt For For Eschenbach, M.D. 1K. Election of Director: Amy B. Wechsler, M.D. Mgmt For For 2. The approval, in an advisory vote, of the Mgmt For For compensation of our Named Executive Officers. 3. The approval of an amendment to the Mgmt For For Company's Amended and Restated 2014 Omnibus Incentive Plan to increase the number of Common Shares authorized under such plan. 4. To appoint PricewaterhouseCoopers LLP as Mgmt For For the auditors for the Company to hold office until the close of the 2021 Annual Meeting of Shareholders and to authorize the Company's Board of Directors to fix the auditors' remuneration. -------------------------------------------------------------------------------------------------------------------------- CAESARS ENTERTAINMENT CORPORATION Agenda Number: 935034861 -------------------------------------------------------------------------------------------------------------------------- Security: 127686103 Meeting Type: Annual Meeting Date: 02-Jul-2019 Ticker: CZR ISIN: US1276861036 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director: Thomas Benninger Mgmt For For 1b. Election of Director: Juliana Chugg Mgmt For For 1c. Election of Director: Keith Cozza Mgmt For For 1d. Election of Director: John Dionne Mgmt For For 1e. Election of Director: James Hunt Mgmt For For 1f. Election of Director: Courtney Mather Mgmt For For 1g. Election of Director: Anthony Rodio Mgmt For For 1h. Election of Director: Richard Schifter Mgmt Abstain Against 2. To approve, on an advisory, non-binding Mgmt For For basis, named executive officer compensation. 3. To select, on an advisory, non binding Mgmt 1 Year For basis, the frequency of future advisory votes on named executive officer compensation. 4. To ratify the appointment of Deloitte & Mgmt For For Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2019. 5. To approve a proposed amendment to the Mgmt For For Company's Charter to enable shareholders who beneficially own at least 15% of the Company's outstanding common stock to call special meetings. 6. To approve a proposed amendment to the Mgmt For For Company's Charter to restrict the Company's ability to adopt any "rights plan" or "poison pill". -------------------------------------------------------------------------------------------------------------------------- CAESARS ENTERTAINMENT CORPORATION Agenda Number: 935092584 -------------------------------------------------------------------------------------------------------------------------- Security: 127686103 Meeting Type: Special Meeting Date: 15-Nov-2019 Ticker: CZR ISIN: US1276861036 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. To adopt the Merger Agreement and approve Mgmt For For the Merger. 2. To approve, on an advisory basis, the Mgmt For For compensation that will or may become payable to Caesars' named executive officers (as identified in accordance with Securities and Exchange Commission regulations) in connection with the Merger. 3. To approve one or more adjournments of the Mgmt For For Caesars Special Meeting, if appropriate, to solicit additional proxies if there are insufficient votes to adopt the Merger Agreement and approve the Merger at the time of the Caesars Special Meeting. -------------------------------------------------------------------------------------------------------------------------- CENTENE CORPORATION Agenda Number: 935140715 -------------------------------------------------------------------------------------------------------------------------- Security: 15135B101 Meeting Type: Annual Meeting Date: 28-Apr-2020 Ticker: CNC ISIN: US15135B1017 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. ELECTION OF DIRECTOR: Michael F. Neidorff Mgmt For For 1B. ELECTION OF DIRECTOR: H. James Dallas Mgmt For For 1C. ELECTION OF DIRECTOR: Robert K. Ditmore Mgmt For For 1D. ELECTION OF DIRECTOR: Richard A. Gephardt Mgmt For For 1E. ELECTION OF DIRECTOR: Lori J. Robinson Mgmt For For 1F. ELECTION OF DIRECTOR: William L. Trubeck Mgmt For For 2. ADVISORY RESOLUTION TO APPROVE EXECUTIVE Mgmt For For COMPENSATION. 3. RATIFICATION OF APPOINTMENT OF KPMG LLP AS Mgmt For For OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2020. 4. APPROVAL OF AMENDMENT TO THE 2002 EMPLOYEE Mgmt For For STOCK PURCHASE PLAN, AS AMENDED AND RESTATED. 5. THE STOCKHOLDER PROPOSAL ON POLITICAL Shr For Against SPENDING DISCLOSURES AS DESCRIBED IN THE PROXY STATEMENT. 6. THE STOCKHOLDER PROPOSAL ON THE ELIMINATION Shr For Against OF SUPERMAJORITY VOTING PROVISIONS AS DESCRIBED IN THE PROXY STATEMENT. -------------------------------------------------------------------------------------------------------------------------- CLEAR CHANNEL OUTDOOR HOLDINGS, INC. Agenda Number: 935172685 -------------------------------------------------------------------------------------------------------------------------- Security: 18453H106 Meeting Type: Annual Meeting Date: 19-May-2020 Ticker: CCO ISIN: US18453H1068 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR John Dionne Mgmt For For Andrew Hobson Mgmt For For Joe Marchese Mgmt For For 2. Approval of the advisory (non-binding) Mgmt For For resolution on executive compensation 3. Ratification of the selection of Ernst & Mgmt For For Young LLP as the independent registered public accounting firm for the year ending December 31, 2020 -------------------------------------------------------------------------------------------------------------------------- CONSTELLIUM SE Agenda Number: 935098601 -------------------------------------------------------------------------------------------------------------------------- Security: N22035104 Meeting Type: Special Meeting Date: 25-Nov-2019 Ticker: CSTM ISIN: NL0010489522 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. Transfer of Corporate Seat from Amsterdam Mgmt For For to Paris (Agenda Item 2) 2. Amendments to Articles of Association Mgmt For For (Agenda Item 3) 3. Confirmation of Board composition following Mgmt For For Transfer of Corporate Seat (Agenda Item 4) 4. Confirmation of annual fixed fees granted Mgmt For For to Directors (Agenda Item 5) 5. Appointment of PricewaterhouseCoopers Audit Mgmt For For and RSM Paris (Agenda Item 6) 6. Confirmation of Board authorizations to Mgmt Against Against allocate shares under 2013 EIP (Agenda Item 7) 7. Delegation to Board to increase share Mgmt For For capital by issuance of shares or securities with preferential subscription rights (up to 50% of share capital) (Agenda Item 8) 8. Delegation to Board to increase share Mgmt Against Against capital by issuance of shares or securities without preferential subscription rights by way of a public offering (up to 50% of share capital) (Agenda Item 9) 9. Delegation to Board to increase share Mgmt For For capital by issuance of shares or securities without preferential subscription rights by way of an offering made to a restricted number of, or qualified, investors (up to 10% of share capital) (Agenda Item 10) 10. Delegation to Board to increase the number Mgmt Against Against of shares issued in case of a capital increase with or without preferential subscription rights (up to 15% of share capital) (Agenda Item 11) 11. Delegation to Board to issue/grant Mgmt Against Against shareholder warrants to subscribe to new shares of the Company in the event of a public tender offer (up to 50% of the share capital) (Agenda Item 12) 12. Delegation to Board to increase share Mgmt For For capital by way of issuance of new shares to participants of employee savings plan without preferential subscription rights (up to 1% of share capital) (Agenda Item 13) 13. Powers granted to the Company's CEO or his Mgmt For For representative to carry out legal formalities (Agenda Item 14) -------------------------------------------------------------------------------------------------------------------------- ELANCO ANIMAL HEALTH INCORPORATED Agenda Number: 935174691 -------------------------------------------------------------------------------------------------------------------------- Security: 28414H103 Meeting Type: Annual Meeting Date: 21-May-2020 Ticker: ELAN ISIN: US28414H1032 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Director: Michael J. Harrington Mgmt Against Against 1b. Election of Director: Deborah T. Kochevar Mgmt Against Against 1c. Election of Director: Kirk P. McDonald Mgmt Against Against 2. To ratify the appointment of Ernst & Young Mgmt For For LLP as the Company's principal independent auditor for 2020. 3. To approve, by non-binding vote, the Mgmt For For compensation of the Company's named executive officers. -------------------------------------------------------------------------------------------------------------------------- IHEARTMEDIA, INC. Agenda Number: 935204684 -------------------------------------------------------------------------------------------------------------------------- Security: 45174J509 Meeting Type: Annual Meeting Date: 15-Jun-2020 Ticker: IHRT ISIN: US45174J5092 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Gary Barber Mgmt For For Brad Gerstner Mgmt For For 2. The ratification of the appointment of Mgmt For For Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2020. 3. The approval, on an advisory (non-binding) Mgmt For For basis, of the compensation of our named executive officers. -------------------------------------------------------------------------------------------------------------------------- NEXTERA ENERGY PARTNERS, LP Agenda Number: 935138102 -------------------------------------------------------------------------------------------------------------------------- Security: 65341B106 Meeting Type: Annual Meeting Date: 21-Apr-2020 Ticker: NEP ISIN: US65341B1061 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Susan D. Austin Mgmt For For 1B. Election of Director: Robert J. Byrne Mgmt For For 1C. Election of Director: Peter H. Kind Mgmt For For 1D. Election of Director: James L. Robo Mgmt Against Against 2. Ratification of appointment of Deloitte & Mgmt For For Touche LLP as NextEra Energy Partners' independent registered public accounting firm for 2020. 3. Approval, by non-binding advisory vote, of Mgmt Against Against NextEra Energy Partners' compensation of its named executive officers as disclosed in the proxy statement. -------------------------------------------------------------------------------------------------------------------------- SURGERY PARTNERS INC. Agenda Number: 935197613 -------------------------------------------------------------------------------------------------------------------------- Security: 86881A100 Meeting Type: Annual Meeting Date: 27-May-2020 Ticker: SGRY ISIN: US86881A1007 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Brent Turner Mgmt Withheld Against T. Devin O'Reilly Mgmt Withheld Against 2. Approval, on an advisory basis, of the Mgmt For For compensation paid by the Company to its named executive officers. 3. Ratification of the appointment of Deloitte Mgmt For For & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2020. -------------------------------------------------------------------------------------------------------------------------- VISTRA ENERGY CORP Agenda Number: 935160387 -------------------------------------------------------------------------------------------------------------------------- Security: 92840M102 Meeting Type: Annual Meeting Date: 29-Apr-2020 Ticker: VST ISIN: US92840M1027 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. Approve an amendment to the Vistra Energy Mgmt For For Corp. Certificate of Incorporation (the "Charter") to declassify the Board of Directors so that all Directors will be elected annually commencing with the 2020 Annual Meeting (the "Charter Amendment") 2A. Election of Director: Hilary E. Ackermann Mgmt For For (If the Charter Amendment in proposal 1 is approved) 2B. Election of Director: Arcilia C. Acosta (If Mgmt For For the Charter Amendment in proposal 1 is approved) 2C. Election of Director: Gavin R. Baiera (If Mgmt For For the Charter Amendment in proposal 1 is approved) 2D. Election of Director: Paul M. Barbas (If Mgmt For For the Charter Amendment in proposal 1 is approved) 2E. Election of Director: Lisa Crutchfield (If Mgmt For For the Charter Amendment in proposal 1 is approved) 2F. Election of Director: Brian K. Ferraioli Mgmt For For (If the Charter Amendment in proposal 1 is approved) 2G. Election of Director: Scott B. Helm (If the Mgmt For For Charter Amendment in proposal 1 is approved) 2H. Election of Director: Jeff D. Hunter (If Mgmt For For the Charter Amendment in proposal 1 is approved) 2I. Election of Director: Curtis A. Morgan (If Mgmt For For the Charter Amendment in proposal 1 is approved) 2J. Election of Director: John R. Sult (If the Mgmt For For Charter Amendment in proposal 1 is approved) 3.1 Election of Director: Gavin R. Baiera (If Mgmt For For the Charter Amendment in proposal 1 is not approved) 3.2 Election of Director: Scott B. Helm (If the Mgmt For For Charter Amendment in proposal 1 is not approved) 3.3 Election of Director: Curtis A. Morgan (If Mgmt For For the Charter Amendment in proposal 1 is not approved) 3.4 Election of Director: John R. Sult (If the Mgmt For For Charter Amendment in proposal 1 is not approved) 4. Approve, on an advisory basis, named Mgmt For For executive officer compensation. 5. Ratify the selection of Deloitte & Touche Mgmt For For LLP as our independent registered public accounting firm for the year ending December 31, 2020. * Management position unknown 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) High Income Opportunities Portfolio By (Signature) /s/ Payson F. Swaffield Name Payson F. Swaffield Title President Date 08/19/2020