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 811-08497
Name of Fund: BlackRock Corporate High Yield Fund III, Inc. (CYE)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: Anne Ackerley, Chief Executive Officer,
BlackRock Corporate High Yield
Fund III, Inc., 55 East 52(nd) Street, New York City, NY 10055.
Registrant's telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 02/28
Date of reporting period: 07/01/2009 -- 06/30/2010
Item 1 -- Proxy Voting Record -- Attached hereto.
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.
BlackRock Corporate High Yield Fund III, Inc.
By: /s/ Anne Ackerley
Anne Ackerley
Chief Executive Officer of
BlackRock Corporate High Yield Fund III, Inc.
Date: August 23, 2010
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-08497
Reporting Period: 07/01/2009 - 06/30/2010
BlackRock Corporate High Yield Fund III, Inc.
================ BLACKROCK CORPORATE HIGH YIELD FUND III, INC. =================
AINSWORTH LUMBER CO LTD
Ticker: ANS Security ID: 009037201
Meeting Date: MAY 13, 2010 Meeting Type: Annual
Record Date: APR 13, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Robert Chadwick For For Management
1.2 Elect Director Jay Gurandiano For For Management
1.3 Elect Director Paul Houston For For Management
1.4 Elect Director Richard Huff For Withhold Management
1.5 Elect Director John Lacey For For Management
1.6 Elect Director Gordon Lancaster For For Management
1.7 Elect Director Jonathan I. Mishkin For For Management
2 Approve Deloitte & Touche LLP as For For Management
Auditors and Authorize Board to Fix
Their Remuneration
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AINSWORTH LUMBER CO LTD
Ticker: ANS Security ID: C01023206
Meeting Date: MAY 13, 2010 Meeting Type: Annual
Record Date: APR 13, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Robert Chadwick For For Management
1.2 Elect Director Jay Gurandiano For For Management
1.3 Elect Director Paul Houston For For Management
1.4 Elect Director Richard Huff For Withhold Management
1.5 Elect Director John Lacey For For Management
1.6 Elect Director Gordon Lancaster For For Management
1.7 Elect Director Jonathan I. Mishkin For For Management
2 Approve Deloitte & Touche LLP as For For Management
Auditors and Authorize Board to Fix
Their Remuneration
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BANK OF AMERICA CORPORATION
Ticker: BAC Security ID: 060505104
Meeting Date: APR 28, 2010 Meeting Type: Annual
Record Date: MAR 3, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Susan S. Bies For Against Management
2 Elect Director William P. Boardman For Against Management
3 Elect Director Frank P. Bramble, Sr. For Against Management
4 Elect Director Virgis W. Colbert For Against Management
5 Elect Director Charles K. Gifford For Against Management
6 Elect Director Charles O. Holliday, Jr. For Against Management
7 Elect Director D. Paul Jones, Jr. For Against Management
8 Elect Director Monica C. Lozano For Against Management
9 Elect Director Thomas J. May For Against Management
10 Elect Director Brian T. Moynihan For Against Management
11 Elect Director Donald E. Powell For Against Management
12 Elect Director Charles O. Rossotti For Against Management
13 Elect Director Robert W. Scully For Against Management
14 Ratify Auditors For For Management
15 Increase Authorized Common Stock For For Management
16 Advisory Vote to Ratify Named Executive For Against Management
Officers' Compensation
17 Amend Omnibus Stock Plan For Against Management
18 Report on Government Service of Against For Shareholder
Employees
19 TARP Related Compensation Against For Shareholder
20 Amend Articles/Bylaws/Charter -- Call Against For Shareholder
Special Meetings
21 Advisory Vote to Ratify Named Executive Against For Shareholder
Officers' Compensation
22 Adopt Policy on Succession Planning Against For Shareholder
23 Report on Collateral in Derivatives Against For Shareholder
Trading
24 Claw-back of Payments under Against For Shareholder
Restatements
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BEAZER HOMES USA, INC.
Ticker: BZH Security ID: 07556Q105
Meeting Date: APR 13, 2010 Meeting Type: Annual
Record Date: FEB 23, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Laurent Alpert For For Management
1.2 Elect Director Brian C. Beazer For For Management
1.3 Elect Director Peter G. Leemputte For For Management
1.4 Elect Director Ian J. McCarthy For For Management
1.5 Elect Director Norma A. Provencio For For Management
1.6 Elect Director Larry T. Solari For For Management
1.7 Elect Director Stephen P. Zelnak, Jr. For For Management
2 Ratify Auditors For For Management
3 Increase Authorized Common Stock For For Management
4 Approve Omnibus Stock Plan For For Management
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CITIGROUP INC.
Ticker: C Security ID: 172967101
Meeting Date: APR 20, 2010 Meeting Type: Annual
Record Date: FEB 25, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Alain J.P. Belda For For Management
2 Elect Director Timothy C. Collins For For Management
3 Elect Director Jerry A. Grundhofer For For Management
4 Elect Director Robert L. Joss For For Management
5 Elect Director Andrew N. Liveris For For Management
6 Elect Director Michael E. O'Neill For For Management
7 Elect Director Vikram S. Pandit For For Management
8 Elect Director Richard D. Parsons For For Management
9 Elect Director Lawrence R. Ricciardi For For Management
10 Elect Director Judith Rodin For For Management
11 Elect Director Robert L. Ryan For For Management
12 Elect Director Anthony M. Santomero For For Management
13 Elect Director Diana L. Taylor For For Management
14 Elect Director William S. Thompson, Jr. For For Management
15 Elect Director Ernesto Zedillo For For Management
16 Ratify Auditors For For Management
17 Amend Omnibus Stock Plan For For Management
18 Amend Omnibus Stock Plan For For Management
19 Advisory Vote to Ratify Named Executive For For Management
Officers' Compensation
20 Amend NOL Rights Plan (NOL Pill) For For Management
21 Approve Reverse Stock Split For For Management
22 Affirm Political Non-Partisanship Against Against Shareholder
23 Report on Political Contributions Against Against Shareholder
24 Report on Collateral in Derivatives Against Against Shareholder
Trading
25 Amend Articles/Bylaws/Charter -- Call Against Against Shareholder
Special Meetings
26 Stock Retention/Holding Period Against Against Shareholder
27 Reimburse Expenses Incurred by Against Against Shareholder
Stockholder in Contested Election of
Directors
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E*TRADE FINANCIAL CORP.
Ticker: ETFC Security ID: 269246104
Meeting Date: AUG 19, 2009 Meeting Type: Special
Record Date: JUN 26, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1 Increase Authorized Common Stock For For Management
2 Approve Conversion of Securities For For Management
3 Approve Conversion of Securities For Against Management
4 Adjourn Meeting For Against Management
5 Advisory Vote to Retain Shareholder None Against Management
Rights Plan (Poison Pill) Until
Scheduled Expiration
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E*TRADE FINANCIAL CORPORATION
Ticker: ETFC Security ID: 269246104
Meeting Date: MAY 13, 2010 Meeting Type: Annual
Record Date: MAR 15, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Ronald D. Fisher For For Management
2 Elect Director Steven J. Freiberg For For Management
3 Elect Director Kenneth C. Griffin For For Management
4 Elect Director Joseph M. Velli For For Management
5 Elect Director Donna L. Weaver For For Management
6 Approve Reverse Stock Split For For Management
7 Amend Omnibus Stock Plan For For Management
8 Ratify Auditors For For Management
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FIBERTOWER CORPORATION
Ticker: FTWR Security ID: 31567R209
Meeting Date: JUN 3, 2010 Meeting Type: Annual
Record Date: APR 19, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Randall A. Hack For Withhold Management
1.2 Elect Director Mark E. Holliday For For Management
1.3 Elect Director Kurt J. Van Wagenen For For Management
2 Approve Decrease in Size of Board For For Management
3 Approve Omnibus Stock Plan For For Management
4 Amend Omnibus Stock Plan For For Management
5 Ratify Auditors For For Management
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GANNETT CO., INC.
Ticker: GCI Security ID: 364730101
Meeting Date: MAY 4, 2010 Meeting Type: Annual
Record Date: MAR 5, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Craig A. Dubow For For Management
1.2 Elect Director Howard D. Elias For For Management
1.3 Elect Director Arthur H. Harper For For Management
1.4 Elect Director John Jeffry Louis For For Management
1.5 Elect Director Marjorie Magner For For Management
1.6 Elect Director Scott K. McCune For For Management
1.7 Elect Director Duncan M. McFarland For For Management
1.8 Elect Director Donna E. Shalala For For Management
1.9 Elect Director Neal Shapiro For For Management
1.10 Elect Director Karen Hastie Williams For For Management
2 Ratify Auditors For For Management
3 Amend Omnibus Stock Plan For For Management
4 Adopt Anti Gross-up Policy Against Against Shareholder
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GRAY TELEVISION, INC.
Ticker: GTN Security ID: 389375106
Meeting Date: JUN 23, 2010 Meeting Type: Annual
Record Date: APR 16, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Richard L. Boger For For Management
1.2 Elect Director Ray M. Deaver For For Management
1.3 Elect Director T.L. (Gene) Elder For For Management
1.4 Elect Director Hilton H. Howell, Jr. For For Management
1.5 Elect Director William E. Mayher, III For For Management
1.6 Elect Director Zell B. Miller For For Management
1.7 Elect Director Howell W. Newton For For Management
1.8 Elect Director Hugh E. Norton For Withhold Management
1.9 Elect Director Robert S. Prather, Jr. For For Management
1.10 Elect Director Harriett J. Robinson For For Management
1.11 Elect Director J. Mack Robinson For For Management
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LEAR CORPORATION
Ticker: LEA Security ID: 521865204
Meeting Date: MAY 13, 2010 Meeting Type: Annual
Record Date: MAR 22, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Ratify Auditors For For Management
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LORAL SPACE & COMMUNICATIONS INC.
Ticker: LORL Security ID: 543881106
Meeting Date: MAY 18, 2010 Meeting Type: Annual
Record Date: APR 8, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director John D. Harkey, Jr For Withhold Management
1.2 Elect Director Arthur L. Simon For For Management
1.3 Elect Director John P. Stenbit For For Management
2 Ratify Auditors For For Management
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MASONITE INC.
Ticker: MASWF Security ID: 575387105
Meeting Date: MAY 4, 2010 Meeting Type: Annual
Record Date: MAR 17, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Deloitte & Touche LLP as For Against Management
Auditors and Authorize Board to Fix
Their Remuneration
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MEDIS TECHNOLOGIES LTD.
Ticker: MDTL Security ID: 58500P107
Meeting Date: SEP 14, 2009 Meeting Type: Annual
Record Date: JUL 24, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Jose Mejia For Withhold Management
1.2 Elect Director Zeev Nahmoni For For Management
1.3 Elect Director Mitchell H. Freeman For For Management
1.4 Elect Director Steve M. Barnett For For Management
1.5 Elect Director Daniel A. Luchansky For For Management
1.6 Elect Director Andrew A. Levy For For Management
2 Ratify Auditors For For Management
3 Increase Authorized Common Stock For For Management
4 Amend Omnibus Stock Plan For Against Management
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PULTEGROUP, INC.
Ticker: PHM Security ID: 745867101
Meeting Date: MAY 12, 2010 Meeting Type: Annual
Record Date: MAR 15, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Thomas M. Schoewe For For Management
1.2 Elect Director Timothy R. Eller For For Management
1.3 Elect Director Clint W. Murchison III For For Management
1.4 Elect Director Richard J. Dugas, Jr. For For Management
1.5 Elect Director David N. McCammon For For Management
1.6 Elect Director James J. Postl For For Management
2 Declassify the Board of Directors For For Management
3 Amend Stock Ownership Limitations For For Management
4 Ratify Auditors For For Management
5 Require a Majority Vote for the Against Against Shareholder
Election of Directors
6 Require Independent Board Chairman Against Against Shareholder
7 Performance-Based Equity Awards Against Against Shareholder
8 Advisory Vote to Ratify Named Executive Against Against Shareholder
Officers' Compensation
9 Stock Retention/Holding Period Against Against Shareholder
10 Reimburse Expenses Incurred by Against Against Shareholder
Stockholder in Contested Election of
Directors
--------------------------------------------------------------------------------
QWEST COMMUNICATIONS INTERNATIONAL INC.
Ticker: Q Security ID: 749121109
Meeting Date: MAY 12, 2010 Meeting Type: Annual
Record Date: MAR 15, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Edward A. Mueller For For Management
2 Elect Director Charles L. Biggs For For Management
3 Elect Director K. Dane Brooksher For For Management
4 Elect Director Peter S. Hellman For For Management
5 Elect Director R. David Hoover For For Management
6 Elect Director Patrick J. Martin For For Management
7 Elect Director Caroline Matthews For For Management
8 Elect Director Wayne W. Murdy For For Management
9 Elect Director Jan L. Murley For For Management
10 Elect Director Michael J. Roberts For For Management
11 Elect Director James A. Unruh For For Management
12 Elect Director Anthony Welters For For Management
13 Ratify Auditors For For Management
14 Amend Qualified Employee Stock Purchase For For Management
Plan
15 Performance-Based Equity Awards Against Against Shareholder
16 Advisory Vote to Ratify Named Executive Against Against Shareholder
Officers' Compensation
17 Require Independent Board Chairman Against Against Shareholder
18 Amend Articles/Bylaws/Charter -- Call Against Against Shareholder
Special Meetings
--------------------------------------------------------------------------------
SBA COMMUNICATIONS CORPORATION
Ticker: SBAC Security ID: 78388J106
Meeting Date: MAY 6, 2010 Meeting Type: Annual
Record Date: MAR 8, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director George R. Krouse, Jr. For For Management
1.2 Elect Director Kevin L. Beebe For For Management
1.3 Elect Director Jack Langer For For Management
1.4 Elect Director Jeffrey A. Stoops For For Management
2 Ratify Auditors For For Management
3 Increase Authorized Common Stock For For Management
4 Approve Omnibus Stock Plan For For Management
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SINCLAIR BROADCAST GROUP, INC.
Ticker: SBGI Security ID: 829226109
Meeting Date: JUN 3, 2010 Meeting Type: Annual
Record Date: MAR 5, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director David D. Smith For For Management
1.2 Elect Director Frederick G. Smith For For Management
1.3 Elect Director J. Duncan Smith For For Management
1.4 Elect Director Robert E. Smith For For Management
1.5 Elect Director Basil A. Thomas For For Management
1.6 Elect Director Lawrence E. McCanna For For Management
1.7 Elect Director Daniel C. Keith For Withhold Management
1.8 Elect Director Martin R. Leader For For Management
2 Ratify Auditors For For Management
3 Amend Executive Incentive Bonus Plan For For Management
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SOLUTIA INC.
Ticker: SOA Security ID: 834376501
Meeting Date: APR 21, 2010 Meeting Type: Annual
Record Date: MAR 1, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director James P. Heffernan For For Management
1.2 Elect Director W. Thomas Jagodinski For For Management
1.3 Elect Director William C. Rusnack For For Management
2 Ratify Auditors For For Management
3 Approve Omnibus Stock Plan For For Management
4 Approve Executive Incentive Bonus Plan For For Management
5 Adopt, Renew or Amend NOL Rights Plan For For Management
(NOL Pill)
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STANDARD PACIFIC CORP.
Ticker: SPF Security ID: 85375C101
Meeting Date: MAY 12, 2010 Meeting Type: Annual
Record Date: MAR 15, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Kenneth L. Campbell For For Management
1.2 Elect Director Bruce A. Choate For For Management
1.3 Elect Director James L. Doti For For Management
1.4 Elect Director Ronald R. Foell For For Management
1.5 Elect Director Douglas C. Jacobs For For Management
1.6 Elect Director David J. Matlin For For Management
1.7 Elect Director F. Patt Schiewitz For For Management
1.8 Elect Director Peter Schoels For For Management
2 Approve Stock/Cash Award to Executive For For Management
3 Ratify Auditors For For Management
4 Adopt Quantitative GHG Goals for Against Against Shareholder
Products and Operations
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SUNPOWER CORPORATION
Ticker: SPWRA Security ID: 867652307
Meeting Date: MAY 4, 2010 Meeting Type: Annual
Record Date: MAR 9, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director W. Steve Albrecht For Withhold Management
1.2 Elect Director Betsy S. Atkins For Withhold Management
2 Ratify Auditors For For Management
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WELLMAN HOLDINGS, INC.
Ticker: WLM Security ID: 949700108
Meeting Date: DEC 9, 2009 Meeting Type: Annual
Record Date: OCT 15, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Mark J. Ruday For For Management
2 Elect Director Charles Macaluso For For Management
3 Elect Director Duncan H. Cocroft For For Management
4 Elect Director Kenneth A. Ghazey For For Management
5 Elect Director James D. Jackson For For Management
6 Director Linda Koffenberger For For Management
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WELLMAN HOLDINGS, INC.
Ticker: WLM Security ID: 949700AA6
Meeting Date: DEC 9, 2009 Meeting Type: Annual
Record Date: OCT 15, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Charles Macaluso For For Management
2 Elect Director Duncan H. Cocroft For For Management
3 Elect Director Kenneth A. Ghazey For For Management
4 Elect Director James D. Jackson For For Management
5 Elect Director Linda Koffenberger For For Management
6 Elect Director Ari M. Chaney For For Management
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WELLMAN HOLDINGS, INC.
Ticker: WLM Security ID: 949700AB4
Meeting Date: DEC 9, 2009 Meeting Type: Annual
Record Date: OCT 15, 2009
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director Charles Macaluso For For Management
2 Elect Director Duncan H. Cocroft For For Management
3 Elect Director Kenneth A. Ghazey For For Management
4 Elect Director James D. Jackson For For Management
5 Elect Director Linda Koffenberger For For Management
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WESTERN FOREST PRODUCTS INC.
Ticker: WEF Security ID: 958211203
Meeting Date: MAY 7, 2010 Meeting Type: Annual
Record Date: MAR 29, 2010
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director James Arthurs For For Management
1.2 Elect Director Lee Doney For For Management
1.3 Elect Director Stephen Frasher For For Management
1.4 Elect Director Dominic Gammiero For For Management
1.5 Elect Director Cyrus Madon For Withhold Management
1.6 Elect Director Pierre McNeil For Withhold Management
1.7 Elect Director John B. Newman For Withhold Management
2 Approve KPMG LLP as Auditors and For For Management
Authorize Board to Fix Their
Remuneration
========== END NPX REPORT