UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-21652 --------- Fiduciary/Claymore MLP Opportunity Fund --------------------------------------- (Exact name of registrant as specified in charter) 2455 Corporate West Drive Lisle, IL 60532 --------------- (Address of principal executive offices) (Zip code) J. Thomas Futrell 2455 Corporate West Drive Lisle, IL 60532 --------------- (Name and address of agent for service) Registrant's telephone number, including area code: (630) 505-3700 -------------- Date of fiscal year end: November 30 ----------- Date of reporting period: July 1, 2009 - June 30, 2010 ---------------------------- 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 (ss. ss. 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. ss. 3507. Item 1. Proxy Voting Record. ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-21652 Reporting Period: 07/01/2009 - 06/30/2010 Fiduciary/Claymore MLP Opportunity Fund =================== FIDUCIARY/CLAYMORE MLP OPPORTUNITY FUND ==================== ABRAXAS PETROLEUM CORPORATION Ticker: AXAS Security ID: 003830106 Meeting Date: MAY 19, 2010 Meeting Type: Annual Record Date: APR 12, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Directors For Split Management 2 Amend 2005 Director Plan For For Management 3 Ratify Auditors For For Management -------------------------------------------------------------------------------- COPANO ENERGY, L.L.C. Ticker: CPNO Security ID: 217202100 Meeting Date: MAY 11, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 01.1 Election of Directors - JAMES G. CRUMP For For Management 01.2 Election of Directors - ERNIE L. DANNER For For Management 01.3 Election of Directors - SCOTT A. For For Management GRIFFITHS 01.4 Election of Directors - MICHAEL L. For For Management JOHNSON 01.5 Election of Directors - R. BRUCE For For Management NORTHCUTT 01.6 Election of Directors - T. WILLIAM For For Management PORTER 01.7 Election of Directors - WILLIAM L. For For Management THACKER 02 Ratify Appointment of Independent For For Management Auditors -------------------------------------------------------------------------------- GLOBAL PARTNERS LP Ticker: GLP Security ID: 37946R109 Meeting Date: DEC 9, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 01 Approve Charter Amendment For For Management -------------------------------------------------------------------------------- HILAND PARTNERS LP Ticker: HLND Security ID: 431291103 Meeting Date: DEC 4, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 01 Approve Merger Agreement For Against Management -------------------------------------------------------------------------------- MAGELLAN MIDSTREAM HOLDINGS L.P. Ticker: MGG Security ID: 55907R108 Meeting Date: SEP 25, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 01 Miscellaneous Corporate Governance For For Management 02 Miscellaneous Corporate Governance For For Management 03 Miscellaneous Corporate Governance For For Management 04 Approve Liquidation Plan For For Management 05 Approve Motion to Adjourn Meeting For For Management -------------------------------------------------------------------------------- MAGELLAN MIDSTREAM PARTNERS L.P Ticker: MMP Security ID: 559080106 Meeting Date: SEP 25, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 01 Approve Liquidation Plan For For Management 02 Miscellaneous Corporate Actions For For Management 03 Approve Motion to Adjourn Meeting For For Management -------------------------------------------------------------------------------- MAGELLAN MIDSTREAM PARTNERS L.P Ticker: MMP Security ID: 559080106 Meeting Date: APR 21, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 01.1 Election of Directors - WALTER R. For For Management ARNHEIM 01.2 Election of Directors - PATRICK C. For For Management EILERS 01.3 Election of Directors - BARRY R. PEARL For For Management -------------------------------------------------------------------------------- TEPPCO PARTNERS, L.P. Ticker: TPP Security ID: 872384102 Meeting Date: OCT 23, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 01 Approve Merger Agreement For For Management ========== 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. Fiduciary/Claymore MLP Opportunity Fund --------------------------------------- By: /s/ J. Thomas Futrell ---------------------------- Name: J. Thomas Futrell Title: Chief Executive Officer Date: August 18, 2010