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- 08703 ----------- DREYFUS HIGH YIELD STRATEGIES FUND (Exact name of registrant as specified in charter) c/o The Dreyfus Corporation 200 Park Avenue New York, New York 10166 (Address of principal executive offices) (Zip code) Mark N. Jacobs, Esq. 200 Park Avenue New York, New York 10166 (Name and address of agent for service) Registrant's telephone number, including area code:(212) 922-6000 Date of fiscal year end: 3/31 Date of reporting period: July 1, 2003-June 30, 2004 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- ITEM 1. PROXY VOTING RECORD ====================== DREYFUS HIGH YIELD STRATEGIES FUND ====================== EXCO RESOURCES, INC. Ticker: EXCO Security ID: 269279303 Meeting Date: JUL 29, 2003 Meeting Type: Special Record Date: JUN 17, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Agreement For For Management 2 Adjourn Meeting For Against Management -------------------------------------------------------------------------------- KAISER GROUP HOLDINGS, INC. Ticker: KGHI Security ID: 483059200 Meeting Date: MAY 5, 2004 Meeting Type: Annual Record Date: MAR 26, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Jon B. Bennett For For Management 1.2 Elect Director John T. Grigsby, Jr. For For Management 1.3 Elect Director James J. Maiwurm For For Management 1.4 Elect Director Frank E. Williams, Jr. For For Management -------------------------------------------------------------------------------- PAXSON COMMUNICATIONS CORP. Ticker: PAX Security ID: 704231604 Meeting Date: MAY 21, 2004 Meeting Type: Annual Record Date: MAR 31, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Lowell W. Paxson For For Management 1.2 Elect Director Henry J. Brandon For For Management 1.3 Elect Director Elizabeth J. Hudson For For Management 2 Ratify Auditors For For Management 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. Dreyfus High Yield Strategies Fund By: /S/ STEPHEN R. BYERS Stephen R. Byers Executive Vice President Date: August 18, 2004