STOCK TITAN

First Trust High Income Long/Short Fund Announces Results of Annual Shareholder Meeting: Fund Defeats Shareholder Proposal

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

First Trust High Income Long/Short Fund (the “Fund”) announced today that, based on voting results, shareholders of the Fund voted at the annual meeting of shareholders to re-elect Richard E. Erickson and Thomas R. Kadlec as Trustees of the Fund. Additionally, shareholders of the Fund voted against a shareholder’s proposal to terminate all investment advisory and management agreements pertaining to the Fund. Below are the voting results on the two proposals at the meeting.

The Fund’s shareholders voted at the meeting to elect each of Dr. Erickson and Mr. Kadlec as a Class II Trustee to serve as a member of the Board of Trustees of the Fund for a three-year term. James A. Bowen, Niel B. Nielson and Robert F. Keith are current and continuing Trustees of the Fund.

In addition, shareholders of the Fund voted against a shareholder’s proposal to terminate all investment advisory and management agreements pertaining to the Fund. According to the vote tally, of the votes actually cast on the shareholder’s proposal (i.e. exclusive of broker non-votes and abstentions), a substantial majority of the shares voted at the meeting on the proposal voted against the shareholder’s proposal.

The Fund is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income. The Fund’s secondary objective is capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, a majority of its assets in a diversified portfolio of U.S. and foreign (including emerging markets) high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade at the time of purchase.

First Trust High Income Long Short Fund

NYSE:FSD

FSD Rankings

FSD Latest News

FSD Stock Data

Securities and Commodity Exchanges
Finance and Insurance
Link
Miscellaneous, Investment Trusts/Mutual Funds
US
Boston

About FSD

first trust portfolios l.p. and first trust advisors l.p.("first trust"​) were founded in 1991 with a mission to offer investors a better way to invest. we are single-minded about providing trusted investment products and advisory services. we're inspired every day by how financial advisors and their customers use our products and services to define goals, solve problems and develop long-term strategies. everyone in our company is encouraged to work diligently and respectfully to deliver superior products, services and results that will contribute to the prosperity of our clients. our approach is simple, and our company was built with these core principles in mind: - know what you own - invest for the long-term - employ discipline - re-balance - control taxes we are committed to providing original ideas, inventive products and the highest level of service. disclaimer: this content is for information purposes only and should not be considered an offer to purchase or sell any security. t