-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GlG63OWB+jL1Fqvs4ymk2jtnx2orZ8xJ5e2mmZLbsI6OCxnCjWnGc4BeZGxGm6dN
 2SVvoh6I7QT0JNBbyKZRsw==

<SEC-DOCUMENT>0000892569-07-001148.txt : 20070829
<SEC-HEADER>0000892569-07-001148.hdr.sgml : 20070829
<ACCEPTANCE-DATETIME>20070829164729
ACCESSION NUMBER:		0000892569-07-001148
CONFORMED SUBMISSION TYPE:	N-PX
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070630
FILED AS OF DATE:		20070829
DATE AS OF CHANGE:		20070829
EFFECTIVENESS DATE:		20070829

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING PRIME RATE TRUST
		CENTRAL INDEX KEY:			0000826020
		IRS NUMBER:				956874587
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		N-PX
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05410
		FILM NUMBER:		071088152

	BUSINESS ADDRESS:	
		STREET 1:		ING PRIME RATE TRUST
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		4804773000

	MAIL ADDRESS:	
		STREET 1:		ING PRIME RATE TRUST
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM AMERICA PRIME RATE TRUST
		DATE OF NAME CHANGE:	19960518

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM PRIME RATE TRUST/
		DATE OF NAME CHANGE:	19960518

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM PRIME RATE TRUST
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-PX
<SEQUENCE>1
<FILENAME>a32174nvpx.htm
<DESCRIPTION>FORM N-PX
<TEXT>
<HTML>
<HEAD>
<TITLE>nvpx</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, DC 20549</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM N-PX</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED<BR>
MANAGEMENT INVESTMENT COMPANY</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Investment Company Act file number: 811-5410</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>ING PRIME RATE TRUST</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><B>(Exact name of registrant as specified in charter)</B></DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>7337 E. Doubletree Ranch Road<BR>
Scottsdale, AZ 85258<BR>
(Address of principal executive offices) (Zip code)</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>(Name and address of agent for service)</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>With copies to:</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>Theresa K. Kelety, Esq. <BR>
ING Investments, LLC <BR>
7337 E. Doubletree Ranch Road <BR>
Scottsdale, AZ 85258</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>Jeffrey S. Puretz, Esq.<BR>
Dechert LLP<BR>
1775 I Street, N.W.<BR>
Washington, DC 20006</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Registrant&#146;s telephone number, including area code: (800)&nbsp;992-0180</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Date of fiscal year end: February&nbsp;28

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Date of reporting period: July&nbsp;1, 2006 &#151; June&nbsp;30, 2007

</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<PRE>

Item 1. Proxy Voting Record

******************************* FORM N-PX REPORT *******************************


ICA File Number: 811-05410
Reporting Period: 07/01/2006 - 06/30/2007
ING Prime Rate Trust


============================= ING PRIME RATE TRUST =============================


HAYES LEMMERZ INTERNATIONAL INC.

Ticker:       HAYZ           Security ID:  420781304
Meeting Date: JUL 18, 2006   Meeting Type: Annual
Record Date:  MAY 19, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Henry D. G. Wallace        For       Did Not    Management
                                                          Vote
1.2   Elect Director Richard F. Wallman         For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

HAYES LEMMERZ INTERNATIONAL INC.

Ticker:       HAYZ           Security ID:  420781304
Meeting Date: MAY 4, 2007    Meeting Type: Special
Record Date:  APR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Company Specific Equity Related (i)       For       For        Management
      Rights Offering (ii) Sale Common Stock
      (iii) Purchase of up to 4,038,462 shares
      of Common Stock (iv) Amended and Restated
      Equity Purchase and Commitment Agreement
2     Increase Authorized Common Stock          For       For        Management
3     Approve Increase in Size of Board         For       For        Management


- --------------------------------------------------------------------------------

SAFELITE GROUP, INC.

Ticker:       N/A            Security ID:  78645Q992
Meeting Date: OCT 26, 2006   Meeting Type: Annual
Record Date:  SEP 23, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director George T. Haymaker         For       For        Management
1.2   Elect Director Wilson C. Cooney           For       For        Management
1.3   Elect Director Donald DeFosset Jr.        For       For        Management
1.4   Elect Director James J. Gaffney           For       For        Management
1.5   Elect Director Douglas A. Herron          For       For        Management
1.6   Elect Director Robert Ruocco              For       For        Management
1.7   Elect Director Laurie M. Shahon           For       For        Management
1.8   Elect Director Michael S. Wilder          For       For        Management
1.9   Elect Director Dan H. Wilson              For       For        Management


- --------------------------------------------------------------------------------

SAFELITE GROUP, INC.

Ticker:       N/A            Security ID:  78645Q992
Meeting Date: FEB 5, 2007    Meeting Type: Special
Record Date:  JAN 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     To Authorize, Approve and Adopt the       For       For        Management
      Merger and the Related Transactions
      Contemplated by the Merger Agreement
2     To Execute the Stockholders'              For       For        Management
      Representative Agreement


- --------------------------------------------------------------------------------

SAFELITE GROUP, INC.

Ticker:       N/A            Security ID:  78645Q992
Meeting Date: FEB 9, 2007    Meeting Type: Special
Record Date:  JAN 29, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     To Approve and Authorize Certain Payment  For       For        Management
      Rights of the Senior Officers Under the
      2005 Transaction Incentive Plan, as
      Amended


- --------------------------------------------------------------------------------

SAFELITE REALTY CORP.

Ticker:       N/A            Security ID:  79599W969
Meeting Date: OCT 26, 2006   Meeting Type: Annual
Record Date:  SEP 23, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director George T. Haymaker         For       For        Management
1.2   Elect Director Dan H. Wilson              For       For        Management
1.3   Elect Director James J. Gaffney           For       For        Management


- --------------------------------------------------------------------------------

USA MOBILITY INC

Ticker:       USMO           Security ID:  90341G103
Meeting Date: AUG 9, 2006    Meeting Type: Annual
Record Date:  JUN 30, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David Abrams               For       For        Management
1.2   Elect Director James V. Continenza        For       For        Management
1.3   Elect Director Nicholas A. Gallopo        For       For        Management
1.4   Elect Director Vincent D. Kelly           For       For        Management
1.5   Elect Director Brian O'Reilly             For       For        Management
1.6   Elect Director Matthew Oristano           For       For        Management
1.7   Elect Director Samme L. Thompson          For       For        Management
1.8   Elect Director Royce Yudkoff              For       For        Management



========== END N-PX REPORT


</PRE>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">








<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">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.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="0%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="63%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">ING PRIME RATE TRUST<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Shaun P. Mathews
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Shaun P. Mathews&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">President and Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Date: August&nbsp;29, 2007

</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
