N-PX 1 d198785dnpx.htm N-PX N-PX

 

 

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: 811-22043

 

 

Invesco Dynamic Credit Opportunities Fund

(Exact name of registrant as specified in charter)

 

 

11 Greenway Plaza, Suite 1000 Houston, Texas 77046

(Address of principal executive offices) (Zip code)

Jeffrey H. Kupor, Esquire

11 Greenway Plaza, Suite 1000 Houston, Texas 77046

(Name and address of agent for service)

 

 

Copy to:

Taylor V. Edwards, Esquire

Invesco Advisers, Inc.

11 Greenway Plaza, Suite 1000

Houston, TX 77046

 

 

Registrant’s telephone number, including area code: (713) 626-1919

Date of fiscal year end: 2/28

Date of reporting period: 7/01/20 – 6/30/21

 

 

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.

 

 

 





******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-22043
Reporting Period: 07/01/2020 - 06/30/2021
Invesco Dynamic Credit Opportunities Fund















=Invesco Dynamic Credit Opportunities Fund======================================



ACBL Holding Corp.


Ticker:                      Security ID: 00085Q167
Meeting Date: MAY 12, 2021   Meeting Type: Annual
Record Date: APR 26, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director William Raine            For       For          Management
1.2   Elect Director Michael Ginnings         For       For          Management
1.3   Elect Director David Ebbrecht           For       For          Management
1.4   Elect Director Stephen Johnson          For       For          Management
1.5   Elect Director Philip Yarrow            For       For          Management
1.6   Elect Director Michael C. Ellis         For       For          Management
1.7   Elect Director Scott Vogel              For       For          Management
1.8   Elect Director Dan Mchugh               For       For          Management
1.9   Elect Director John Giles               For       For          Management




--------------------------------------------------------------------------------


ACBL Holding Corp.


Ticker:                      Security ID: 00085Q118
Meeting Date: MAY 12, 2021   Meeting Type: Annual
Record Date: APR 26, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director William Raine            For       For          Management
1.2   Elect Director Michael Ginnings         For       For          Management
1.3   Elect Director David Ebbrecht           For       For          Management
1.4   Elect Director Stephen Johnson          For       For          Management
1.5   Elect Director Philip Yarrow            For       For          Management
1.6   Elect Director Michael C. Ellis         For       For          Management
1.7   Elect Director Scott Vogel              For       For          Management
1.8   Elect Director Dan Mchugh               For       For          Management
1.9   Elect Director John Giles               For       For          Management




--------------------------------------------------------------------------------


ACBL Holding Corp.


Ticker:                      Security ID: 00085Q209
Meeting Date: MAY 12, 2021   Meeting Type: Annual
Record Date: APR 26, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director William Raine            For       For          Management
1.2   Elect Director Michael Ginnings         For       For          Management
1.3   Elect Director David Ebbrecht           For       For          Management
1.4   Elect Director Stephen Johnson          For       For          Management
1.5   Elect Director Philip Yarrow            For       For          Management
1.6   Elect Director Michael C. Ellis         For       For          Management
1.7   Elect Director Scott Vogel              For       For          Management
1.8   Elect Director Dan Mchugh               For       For          Management
1.9   Elect Director John Giles               For       For          Management




--------------------------------------------------------------------------------


ACBL Holding Corp.


Ticker:                      Security ID: 00085Q605
Meeting Date: MAY 12, 2021   Meeting Type: Annual
Record Date: APR 26, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director William Raine            For       For          Management
1.2   Elect Director Michael Ginnings         For       For          Management
1.3   Elect Director David Ebbrecht           For       For          Management
1.4   Elect Director Stephen Johnson          For       For          Management
1.5   Elect Director Philip Yarrow            For       For          Management
1.6   Elect Director Michael C. Ellis         For       For          Management
1.7   Elect Director Scott Vogel              For       For          Management
1.8   Elect Director Dan Mchugh               For       For          Management
1.9   Elect Director John Giles               For       For          Management




--------------------------------------------------------------------------------


Bally's Corporation


Ticker: BALY                 Security ID: 05875B106
Meeting Date: MAY 18, 2021   Meeting Type: Annual
Record Date: MAR 19, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1a    Elect Director Terrence Downey          For       Against      Management
1b    Elect Director Jaymin B. Patel          For       For          Management
1c    Elect Director Wanda Y. Wilson          For       For          Management
2     Increase Authorized Common Stock        For       For          Management
3     Authorize New Class of Preferred Stock  For       Against      Management
4     Amend Certificate of Incorporation to I For       For          Management
      nclude New Jersey Gaming Law Requiremen
      ts
5     Approve Omnibus Stock Plan              For       Against      Management
6     Ratify Deloitte and Touche, LLP as Audi For       For          Management
      tors




--------------------------------------------------------------------------------


Bally's Corporation


Ticker: BALY                 Security ID: 05875B106
Meeting Date: JUN 30, 2021   Meeting Type: Special
Record Date: MAY 17, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Issue Shares in Connection with Acquisi For       For          Management
      tion
2     Approve Qualified Employee Stock Purcha For       For          Management
      se Plan
3     Adjourn Meeting                         For       For          Management




--------------------------------------------------------------------------------


Caesars Entertainment Corporation


Ticker: CZR                  Security ID: 127686103
Meeting Date: JUL 24, 2020   Meeting Type: Annual
Record Date: JUN 8, 2020


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1a    Elect Director Thomas Benninger         For       For          Management
1b    Elect Director Jan Jones Blackhurst     For       For          Management
1c    Elect Director Juliana Chugg            For       For          Management
1d    Elect Director Denise Clark             For       For          Management
1e    Elect Director Keith Cozza              For       For          Management
1f    Elect Director John Dionne              For       For          Management
1g    Elect Director James Hunt               For       For          Management
1h    Elect Director Don Kornstein            For       For          Management
1i    Elect Director Courtney R. Mather       For       For          Management
1j    Elect Director James Nelson             For       For          Management
1k    Elect Director Anthony Rodio            For       For          Management
2     Advisory Vote to Ratify Named Executive For       For          Management
       Officers' Compensation
3     Ratify Deloitte & Touche LLP as Auditor For       For          Management




--------------------------------------------------------------------------------


Caesars Entertainment, Inc.


Ticker: CZR                  Security ID: 12769G100
Meeting Date: JUN 15, 2021   Meeting Type: Annual
Record Date: APR 16, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Gary L. Carano           For       For          Management
1.2   Elect Director Bonnie S. Biumi          For       For          Management
1.3   Elect Director Jan Jones Blackhurst     For       Withhold     Management
1.4   Elect Director Frank J. Fahrenkopf      For       For          Management
1.5   Elect Director Don R. Kornstein         For       For          Management
1.6   Elect Director Courtney R. Mather       For       For          Management
1.7   Elect Director Michael E. Pegram        For       For          Management
1.8   Elect Director Thomas R. Reeg           For       For          Management
1.9   Elect Director David P. Tomick          For       For          Management
2     Advisory Vote to Ratify Named Executive For       For          Management
       Officers' Compensation
3     Advisory Vote on Say on Pay Frequency   One Year  One Year     Management
4     Ratify Deloitte & Touche LLP as Auditor For       For          Management
      s
5     Increase Authorized Common Stock        For       For          Management
6     Authorize New Class of Preferred Stock  For       Against      Management




--------------------------------------------------------------------------------


California Resources Corporation


Ticker: CRC                  Security ID: 13057Q305
Meeting Date: MAY 12, 2021   Meeting Type: Annual
Record Date: MAR 15, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Douglas E. Brooks        For       For          Management
1.2   Elect Director Tiffany (TJ) Thom Cepak  For       For          Management
1.3   Elect Director James N. Chapman         For       For          Management
1.4   Elect Director Mark A. (Mac) McFarland  For       For          Management
1.5   Elect Director Julio M. Quintana        For       Withhold     Management
1.6   Elect Director William B. Roby          For       For          Management
1.7   Elect Director Andrew Bremner           For       For          Management
2     Ratify KPMG LLP as Auditors             For       For          Management
3     Advisory Vote to Ratify Named Executive For       Against      Management
       Officers' Compensation
4     Advisory Vote on Say on Pay Frequency   One Year  One Year     Management




--------------------------------------------------------------------------------


Clear Channel Outdoor Holdings, Inc.


Ticker: CCO                  Security ID: 18453H106
Meeting Date: MAY 5, 2021    Meeting Type: Annual
Record Date: MAR 9, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director C. William Eccleshare    For       For          Management
1.2   Elect Director Lisa Hammitt             For       For          Management
1.3   Elect Director Mary Teresa Rainey       For       Withhold     Management
2     Advisory Vote to Ratify Named Executive For       For          Management
       Officers' Compensation
3     Amend Omnibus Stock Plan                For       For          Management
4     Ratify Ernst & Young LLP as Auditors    For       For          Management




--------------------------------------------------------------------------------


iHeartMedia, Inc.


Ticker: IHRT                 Security ID: 45174J509
Meeting Date: APR 21, 2021   Meeting Type: Annual
Record Date: MAR 1, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard J. Bressler      For       For          Management
1.2   Elect Director Kamakshi Sivaramakrishna For       For          Management
      n
2     Ratify Ernst & Young LLP as Auditors    For       For          Management
3     Advisory Vote to Ratify Named Executive For       Against      Management
       Officers' Compensation
4     Approve Omnibus Stock Plan              For       Against      Management




--------------------------------------------------------------------------------


McDermott International Ltd.


Ticker: MCDIF                Security ID: 58004K109
Meeting Date: MAY 14, 2021   Meeting Type: Annual
Record Date: MAR 15, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Appoint David Dickson as Chairman of th For       For          Management
      e Meeting
2.1   Elect Director Craig Broderick          For       For          Management
2.2   Elect Director Neil Bruce               For       For          Management
2.3   Elect Director David Dickson            For       For          Management
2.4   Elect Director Barbara Duganier         For       For          Management
2.5   Elect Director Andrew Gould             For       For          Management
2.6   Elect Director Alan Hirshberg           For       For          Management
2.7   Elect Director Nils Larsen              For       For          Management
2.8   Elect Director Lee McIntire             For       For          Management
2.9   Elect Director Paul Soldatos            For       For          Management
3     Amend Bye-laws                          For       For          Management
4     Approve Alteration to the Memorandum of For       For          Management
       Association
5     Approve Ernst & Young LLP as Auditors a For       Against      Management
      nd Authorize Board to Fix Their Remuner
      ation




--------------------------------------------------------------------------------


McDermott International Ltd.


Ticker: MCDIF                Security ID: G5924V106
Meeting Date: MAY 14, 2021   Meeting Type: Annual
Record Date: MAR 15, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Appoint David Dickson as Chairman of th For       For          Management
      e Meeting
2.1   Elect Director Craig Broderick          For       For          Management
2.2   Elect Director Neil Bruce               For       For          Management
2.3   Elect Director David Dickson            For       For          Management
2.4   Elect Director Barbara Duganier         For       For          Management
2.5   Elect Director Andrew Gould             For       For          Management
2.6   Elect Director Alan Hirshberg           For       For          Management
2.7   Elect Director Nils Larsen              For       For          Management
2.8   Elect Director Lee McIntire             For       For          Management
2.9   Elect Director Paul Soldatos            For       For          Management
3     Amend Bye-laws                          For       For          Management
4     Approve Alteration to the Memorandum of For       For          Management
       Association
5     Approve Ernst & Young LLP as Auditors a For       Against      Management
      nd Authorize Board to Fix Their Remuner
      ation




--------------------------------------------------------------------------------


NexTier Oilfield Solutions Inc.


Ticker: NEX                  Security ID: 65290C105
Meeting Date: JUN 15, 2021   Meeting Type: Annual
Record Date: APR 16, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1a    Elect Director Robert W. Drummond       For       For          Management
1b    Elect Director Stuart M. Brightman      For       Against      Management
1c    Elect Director Gary M. Halverson        For       For          Management
1d    Elect Director Patrick M. Murray        For       For          Management
1e    Elect Director Amy H. Nelson            For       For          Management
1f    Elect Director Melvin G. Riggs          For       For          Management
1g    Elect Director Michael Roemer           For       For          Management
1h    Elect Director James C. Stewart         For       For          Management
1i    Elect Director Scott R. Wille           For       For          Management
2     Ratify KPMG LLP as Auditors             For       For          Management
3     Advisory Vote to Ratify Named Executive For       For          Management
       Officers' Compensation
4     Amend Omnibus Stock Plan                For       For          Management




--------------------------------------------------------------------------------


Nobina AB


Ticker: NOBINA               Security ID: W5750K119
Meeting Date: MAY 31, 2021   Meeting Type: Annual
Record Date: MAY 21, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
2     Elect Chairman of Meeting               For       For          Management
3     Designate Inspector(s) of Minutes of Me For       For          Management
      eting
4     Prepare and Approve List of Shareholder For       For          Management
      s
5     Approve Agenda of Meeting               For       For          Management
6     Acknowledge Proper Convening of Meeting For       For          Management
8     Accept Financial Statements and Statuto For       For          Management
      ry Reports
9     Approve Allocation of Income and Divide For       For          Management
      nds of SEK 3.77 Per Share
10a   Approve Discharge of Board Chairman Joh For       For          Management
      an Bygge
10b   Approve Discharge of Board Member John  For       For          Management
      Allkins
10c   Approve Discharge of Board Member Lisel For       For          Management
      ott Kilaas
10d   Approve Discharge of Board Member Graha For       For          Management
      m Oldroyd
10e   Approve Discharge of Board Member Berti For       For          Management
      l Persson
10f   Approve Discharge of Former Board Chair For       For          Management
      man Jan Sjoquist
10g   Approve Discharge of Former Board Membe For       For          Management
      r Monica Lingegard
10h   Approve Discharge of President Magnus R For       For          Management
      osen
10i   Approve Discharge of Former Vice Presid For       For          Management
      ent Jan Bosaeus
11    Approve Remuneration Report             For       For          Management
12    Determine Number of Members (5) and Dep For       For          Management
      uty Members of Board; Determine Number
      of Auditors (1) and Deputy Auditors
13    Approve Remuneration of Directors in th For       For          Management
      e Aggregate Amount of SEK 3.05; Approve
       Remuneration of Auditors
14a   Reelect Graham Oldroyd as Director      For       For          Management
14b   Reelect Liselott Kilaas as Director     For       For          Management
14c   Reelect Bertil Persson as Director      For       For          Management
14d   Reelect Johan Bygge as Director         For       For          Management
14e   Elect Malin Frenning as New Director    For       For          Management
15    Elect Johan Bygge as Board Chairman     For       For          Management
16    Ratify PricewaterhouseCoopers as Audito For       For          Management
      rs
17    Approve Procedures for Nominating Commi For       For          Management
      ttee
18a   Approve Performance Share Matching Plan For       For          Management
       for Key Employees
18b   Approve Equity Plan Financing Through R For       For          Management
      epurchase and Transfer of Shares
18c   Approve Equity Plan Financing Through T For       For          Management
      ransfer of Shares
18d   Approve Alternative Equity Plan Financi For       For          Management
      ng
19    Approve Issuance of up to 8.8 Million S For       For          Management
      hares without Preemptive Rights
20    Amend Articles Re: Participation at Gen For       For          Management
      eral Meeting




--------------------------------------------------------------------------------


Transocean Ltd.


Ticker: RIG                  Security ID: H8817H100
Meeting Date: MAY 27, 2021   Meeting Type: Annual
Record Date: MAY 10, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Accept Financial Statements and Statuto For       For          Management
      ry Reports
2     Approve Discharge of Board and Senior M For       For          Management
      anagement
3     Appropriation of Available Earnings for For       For          Management
       Fiscal Year 2020
4     Approve the Renewal of Authorized Share For       For          Management
       Capital with Partial Exclusion of Pree
      mptive Rights
5A    Elect Director Glyn A. Barker           For       For          Management
5B    Elect Director Vanessa C.L. Chang       For       For          Management
5C    Elect Director Frederico F. Curado      For       For          Management
5D    Elect Director Chadwick C. Deaton       For       For          Management
5E    Elect Director Vincent J. Intrieri      For       For          Management
5F    Elect Director Samuel J. Merksamer      For       For          Management
5G    Elect Director Frederik W. Mohn         For       For          Management
5H    Elect Director Edward R. Muller         For       For          Management
5I    Elect Director Margareth Ovrum          For       For          Management
5J    Elect Director Diane de Saint Victor    For       For          Management
5K    Elect Director Jeremy D. Thigpen        For       For          Management
6     Elect Chadwick C. Deaton as Board Chair For       For          Management
      man
7A    Appoint Glyn A. Barker as Member of the For       For          Management
       Compensation Committee
7B    Appoint Vanessa C.L. Chang as Member of For       For          Management
       the Compensation Committee
7C    Appoint Samuel J. Merksamer as Member o For       For          Management
      f the Compensation Committee
8     Designate Schweiger Advokatur / Notaria For       For          Management
      t as Independent Proxy
9     Appointment Of Ernst & Young LLP as Ind For       For          Management
      ependent Registered Public Accounting F
      irm for Fiscal Year 2021 and Reelection
       of Ernst & Young Ltd, Zurich as the Co
      mpany's Auditor for a Further One-Year
      Term
10    Advisory Vote to Ratify Named Executive For       For          Management
       Officers' Compensation
11A   Approve Maximum Remuneration of Board o For       For          Management
      f Directors for the Period Between the
      2021 and 2022 Annual General Meetings i
      n the Amount of USD 4.12 Million
11B   Approve Maximum Remuneration of the Exe For       For          Management
      cutive Management Team for Fiscal Year
      2022 in the Amount of USD 24 Million
12    Amend Omnibus Stock Plan                For       For          Management




--------------------------------------------------------------------------------


Vistra Corp.


Ticker: VST                  Security ID: 92840M102
Meeting Date: APR 28, 2021   Meeting Type: Annual
Record Date: MAR 16, 2021


#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Scott B. Helm            For       For          Management
1.2   Elect Director Hilary E. Ackermann      For       For          Management
1.3   Elect Director Arcilia C. Acosta        For       For          Management
1.4   Elect Director Gavin R. Baiera          For       For          Management
1.5   Elect Director  Paul M. Barbas          For       For          Management
1.6   Elect Director Lisa Crutchfield         For       For          Management
1.7   Elect Director Brian K. Ferraioli       For       For          Management
1.8   Elect Director Jeff D. Hunter           For       For          Management
1.9   Elect Director Curtis A. Morgan         For       For          Management
1.10  Elect Director John R. Sult             For       For          Management
2     Advisory Vote to Ratify Named Executive For       For          Management
       Officers' Compensation
3     Ratify Deloitte & Touche LLP as Auditor For       For          Management
      s








========== END NPX REPORT


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)     INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND            

 

By (Signature and Title)*  

/s/ Sheri Morris

  Sheri Morris
  President/Principal Executive Officer

Date August 12, 2021

 

*

Please print the name and title of the signing officer below the signature