================================================================================ 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: 811-5410 ----------------- ING PRIME RATE TRUST (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) ----------------- 7337 E. DOUBLETREE RANCH ROAD SCOTTSDALE, AZ 85258 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (NAME AND ADDRESS OF AGENT FOR SERVICE) WITH COPIES TO: THERESA K. KELETY, ESQ. JEFFREY S. PURETZ, ESQ. ING INVESTMENTS, LLC DECHERT LLP 7337 E. DOUBLETREE RANCH ROAD 1775 I STREET, N.W. SCOTTSDALE, AZ 85258 WASHINGTON, DC 20006 REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (800) 992-0180 ----------------- Date of fiscal year end: February 28 Date of reporting period: July 1, 2009 - June 30, 2010 ================================================================================ Item 1. Proxy Voting Record ******************************* FORM N-PX REPORT ******************************* ICA File Number: 811-05410 Reporting Period: 07/01/2009 - 06/30/2010 ING Prime Rate Trust ============================= ING Prime Rate Trust ============================= This fund had no proxy voting activity during the reporting period. ========== END N-PX 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. ING PRIME RATE TRUST By: /s/ Shaun P. Mathews -------------------------------------- Shaun P. Mathews President and Chief Executive Officer Date: August 27, 2010