Annual Report of Proxy Voting Record for Management Investment Companies (n-px)

Tax-Free High Yield Fund

07/01/2012 to 06/30/2013

ICA File Number:  811-04163

Registrant Name:  T. Rowe Price Tax-Free High Yield Fund, Inc.

Reporting Period:  07/01/2012 - 06/30/2013

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT

INVESTMENT COMPANY

Investment Company Act file number 811-4163

T. Rowe Price Tax-Free High Yield Fund, Inc.

(Exact name of registrant as specified in charter)

100 East Pratt Street Baltimore, Maryland 21202

(Address of principal executive offices)

Edward C. Bernard

100 East Pratt Street

Baltimore, Maryland 21202

(Name and address of agent for service)

Registrant’s telephone number, including area code: [phone]

Date of fiscal year end: 2/28

Date of reporting period: 07/01/2012 to 06/30/2013

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) T. Rowe Price Tax-Free High Yield Fund, Inc.

By (Signature and Title) /s/ Edward C. Bernard

Edward C. Bernard, Chairman of the Board - T. Rowe Price Funds

Date August 30, 2013

Tax-Free High Yield Fund

There is no proxy voting activity for the fund, as the fund did not hold any votable positions during the reporting period.

END NPX REPORT