<![CDATA[Salient Midstream & MLP Fund]]>

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: 811-22626

SALIENT MIDSTREAM & MLP FUND

 

(Exact name of registrant as specified in charter)

4265 SAN FELIPE, SUITE 800

HOUSTON, TEXAS 77027

 

 

(Address of principal executive offices) (Zip code)

George Zornada, Esq.

K&L Gates

State Street Financial Center

One Lincoln Street

Boston, Ma 02111

 

 

(Name and address of agent for service)

Registrant’s telephone number, including area code: (713) 993-4675

Date of fiscal year end: November 30

Date of reporting period: July 1, 2012 through June 30, 2013

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

PROXY VOTING RECORD

FOR PERIOD JULY 1, 2012 TO JUNE 30, 2013

NAVIOS MARITIME PARTNERS L.P.

 

Security:    Y62267102       Meeting Type:    Annual
Ticker:    NMM       Meeting Date:    06-Dec-2012
ISIN    MHY622671029       Vote Deadline Date:    05-Dec-2012
Agenda    933702272    Management    Total Ballot Shares:    600528
Last Vote Date:    15-Nov-2012         

 

Item

   

Proposal

    Recommendation    Default Vote    For      Against      Abstain      Take No Action  

1

    DIRECTOR    For    None            
  

1       JOHN KARAKADAS

            83100         0         0         0   
  

2       ROBERT PIEROT

            83100         0         0         0   

2

    PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS AS THE COMPANY’S INDEPENDENT PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2012.    For    None      83100         0         0         0   

GOLAR LNG PARTNERS LP

 

Security:    Y2745C102       Meeting Type:    Annual
Ticker:    GMLP       Meeting Date:    13-Dec-2012
ISIN    MHY2745C1021       Vote Deadline Date:    12-Dec-2012
Agenda    933701307    Management    Total Ballot Shares:    151500
Last Vote Date:    11-Dec-2012         

 

Item

   

Proposal

    Recommendation    Default Vote    For      Against      Abstain      Take No Action  

1

    TO ELECT BART VELDHUIZEN AS A CLASS I DIRECTOR OF THE PARTNERSHIP WHOSE TERM WILL EXPIRE AT THE 2013 ANNUAL MEETING OF LIMITED PARTNERS.    For    None      11000         0         0         0   

2

    TO ELECT CARL ERIK STEEN AS A CLASS II DIRECTOR OF THE PARTNERSHIP WHOSE TERM WILL EXPIRE AT THE 2014 ANNUAL MEETING OF LIMITED PARTNERS.    For    None      11000         0         0         0   

3

    TO ELECT HANS PETTER AAS AS A CLASS III DIRECTOR OF THE PARTNERSHIP WHOSE TERM WILL EXPIRE AT THE 2015 ANNUAL MEETING OF LIMITED PARTNERS.    For    None      11000         0         0         0   

4

    TO ELECT PAUL LEAND JR., AS A CLASS III DIRECTOR OF THE PARTNERSHIP WHOSE TERM WILL EXPIRE AT THE 2015 ANNUAL MEETING OF LIMITED PARTNERS.    For    None      11000         0         0         0   

5

    TO APPROVE THE ADOPTION OF AN AMENDMENT TO SECTION 13.9 OF THE PARTNERSHIP’S FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP TO REDUCE THE QUORUM REQUIREMENT FOR MEETINGS OF THE LIMITED PARTNERS FROM A MAJORITY TO 33 1/3% OF THE OUTSTANDING UNITS OF THE PARTNERSHIP.    For    None      11000         0         0         0   

CENTERPOINT ENERGY, INC.

 

Security:    15189T107       Meeting Type:    Annual
Ticker:    CNP       Meeting Date:    25-Apr-2013
ISIN    US15189T1079       Vote Deadline Date:    24-Apr-2013
Agenda    933743569    Management    Total Ballot Shares:    45130
Last Vote Date:    23-Mar-2013         

 

Item

   

Proposal

    Recommendation    Default Vote    For      Against      Abstain      Take No Action  

1

    ELECTION OF DIRECTOR: MILTON CARROLL    For    None      4240         0         0         0   

2

    ELECTION OF DIRECTOR: MICHAEL P. JOHNSON    For    None      4240         0         0         0   

3

    ELECTION OF DIRECTOR: JANIECE M. LONGORIA    For    None      4240         0         0         0   

4

    ELECTION OF DIRECTOR: DAVID M. MCCLANAHAN    For    None      4240         0         0         0   

5

    ELECTION OF DIRECTOR: SUSAN O. RHENEY    For    None      4240         0         0         0   

6

    ELECTION OF DIRECTOR: R.A. WALKER    For    None      4240         0         0         0   

7

    ELECTION OF DIRECTOR: PETER S. WAREING    For    None      4240         0         0         0   

8

    RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR 2013.    For    None      4240         0         0         0   

9

    APPROVE THE ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION.    For    None      4240         0         0         0   

MAGELLAN MIDSTREAM PARTNERS,L.P.

 

Security:    559080106       Meeting Type:    Annual
Ticker:    MMP       Meeting Date:    25-Apr-2013
ISIN    US5590801065       Vote Deadline Date:    24-Apr-2013
Agenda    933740311    Management    Total Ballot Shares:    359792
Last Vote Date:    25-Mar-2013         

 

Item

   

Proposal

    Recommendation    Default Vote    For      Against      Abstain      Take No Action  

1

    DIRECTOR    For    None            
  

1       WALTER R. ARNHEIM

            2         0         0         0   
  

2       PATRICK C. EILERS

            2         0         0         0   

2

    ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION    For    None      2         0         0         0   

3

    RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITOR    For    None      2         0         0         0   

CROSSTEX ENERGY, INC.

 

Security:    22765Y104       Meeting Type:    Annual
Ticker:    XTXI       Meeting Date:    09-May-2013
ISIN    US22765Y1047       Vote Deadline Date:    08-May-2013
Agenda    933761517    Management    Total Ballot Shares:    520521
Last Vote Date:    18-Apr-2013         

 

Item

   

Proposal

    Recommendation    Default Vote    For      Against      Abstain      Take No Action  

1

    DIRECTOR    For    None            
  

1       BRYAN H. LAWRENCE

            367000         0         0         0   
  

2       CECIL E. MARTIN, JR.

            367000         0         0         0   
  

3       JAMES C. CRAIN

            367000         0         0         0   

2

    PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP AS CROSSTEX ENERGY, INC.’S INDEPENDENT PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDED DECEMBER 31, 2013.    For    None      367000         0         0         0   

3

    PROPOSAL TO APPROVE AN ADVISORY RESOLUTION REGARDING THE COMPENSATION PAID TO CROSSTEX ENERGY, INC.’S NAMED EXECUTIVE OFFICERS, AS DISCLOSED IN THE PROXY STATEMENT.    For    None      367000         0         0         0   

4

    PROPOSAL TO APPROVE THE AMENDED AND RESTATED CROSSTEX ENERGY, INC. 2009 LONG-TERM INCENTIVE PLAN (INCLUDING AN INCREASE IN THE NUMBER OF SHARES OF COMMON STOCK AVAILABLE FOR ISSUANCE THEREUNDER).    For    None      367000         0         0         0   

5

    STOCKHOLDER PROPOSAL TO AMEND THE EMPLOYMENT POLICY OF CROSSTEX ENERGY, INC. TO EXPLICITLY PROHIBIT DISCRIMINATION BASED ON SEXUAL ORIENTATION AND GENDER IDENTITY OR EXPRESSION.    Against    None      0         367000         0         0   

CROSSTEX ENERGY, L.P.

 

Security:    22765U102       Meeting Type:    Special
Ticker:    XTEX       Meeting Date:    09-May-2013
ISIN    US22765U1025       Vote Deadline Date:    08-May-2013
Agenda    933761682    Management    Total Ballot Shares:    1120412
Last Vote Date:    17-Apr-2013         

 

Item

   

Proposal

    Recommendation    Default Vote    For      Against      Abstain      Take No Action  

1

    PROPOSAL TO APPROVE THE AMENDED AND RESTATED CROSSTEX ENERGY GP, LLC LONG-TERM INCENTIVE PLAN (INCLUDING AN INCREASE IN THE NUMBER OF COMMON UNITS AVAILABLE FOR ISSUANCE THEREUNDER).    For    None      373451         0         0         0   

THE WILLIAMS COMPANIES, INC.

 

Security:    969457100       Meeting Type:    Annual
Ticker:    WMB       Meeting Date:    16-May-2013
ISIN    US9694571004       Vote Deadline Date:    15-May-2013
Agenda    933780303    Management    Total Ballot Shares:    961774
Last Vote Date:    29-Apr-2013         

 

Item

   

Proposal

    Recommendation    Default Vote    For      Against      Abstain      Take No Action  

1

    ELECTION OF DIRECTOR: ALAN S. ARMSTRONG    For    None      274000         0         0         0   

2

    ELECTION OF DIRECTOR: JOSEPH R. CLEVELAND    For    None      274000         0         0         0   

3

    ELECTION OF DIRECTOR: KATHLEEN B. COOPER    For    None      274000         0         0         0   

4

    ELECTION OF DIRECTOR: JOHN A. HAGG    For    None      274000         0         0         0   

5

    ELECTION OF DIRECTOR: JUANITA H. HINSHAW    For    None      274000         0         0         0   

6

    ELECTION OF DIRECTOR: RALPH IZZO    For    None      274000         0         0         0   

7

    ELECTION OF DIRECTOR: FRANK T. MACINNIS    For    None      274000         0         0         0   

8

    ELECTION OF DIRECTOR: STEVEN W. NANCE    For    None      274000         0         0         0   

9

    ELECTION OF DIRECTOR: MURRAY D. SMITH    For    None      274000         0         0         0   

10

    ELECTION OF DIRECTOR: JANICE D. STONEY    For    None      274000         0         0         0   

11

    ELECTION OF DIRECTOR: LAURA A. SUGG    For    None      274000         0         0         0   

12

    RATIFICATION OF ERNST & YOUNG LLP AS AUDITORS FOR 2013.    For    None      274000         0         0         0   

13

    APPROVAL, BY NONBINDING ADVISORY VOTE, OF THE COMPANY’S EXECUTIVE COMPENSATION.    For    None      274000         0         0         0   

TARGA RESOURCES CORP.

 

Security:    87612G101       Meeting Type:    Annual
Ticker:    TRGP       Meeting Date:    20-May-2013
ISIN    US87612G1013       Vote Deadline Date:    17-May-2013
Agenda    933775946    Management    Total Ballot Shares:    778541
Last Vote Date:    02-May-2013         

 

Item

   

Proposal

    Recommendation    Default Vote    For      Against      Abstain      Take No Action  

1

    DIRECTOR    For    None            
  

1       RENE R. JOYCE

            28000         0         0         0   
  

2       PETER R. KAGAN

            28000         0         0         0   
  

3       CHRIS TONG

            28000         0         0         0   

2

    RATIFICATION OF SELECTION OF INDEPENDENT AUDITORS.    For    None      28000         0         0         0   

MARKWEST ENERGY PARTNERS LP

 

Security:    570759100       Meeting Type:    Annual
Ticker:    MWE       Meeting Date:    29-May-2013
ISIN    US5707591005       Vote Deadline Date:    28-May-2013
Agenda    933808505    Management    Total Ballot Shares:    338681
Last Vote Date:    10-May-2013         

 

Item

   

Proposal

    Recommendation    Default Vote    For      Against      Abstain      Take No Action  

1

    DIRECTOR    For    None            
  

1       FRANK M. SEMPLE

            33024         0         0         0   
  

2       DONALD D. WOLF

            33024         0         0         0   
  

3       KEITH E. BAILEY

            33024         0         0         0   
  

4       MICHAEL L. BEATTY

            33024         0         0         0   
  

5       CHARLES K. DEMPSTER

            33024         0         0         0   
  

6       DONALD C. HEPPERMANN

            33024         0         0         0   
  

7       RANDALL J. LARSON

            33024         0         0         0   
  

8       ANNE E. FOX MOUNSEY

            33024         0         0         0   
  

9       WILLIAM P. NICOLETTI

            33024         0         0         0   

2

    RATIFICATION OF DELOITTE & TOUCHE LLP AS THE PARTNERSHIP’S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2013.    For    None      33024         0         0         0   

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant: Salient Midstream & MLP Fund

 

By:   /s/ Greg A. Reid
  Greg A. Reid
  Chief Executive Officer

Date: August 13, 2013