0001445546-24-000672.txt : 20240126 0001445546-24-000672.hdr.sgml : 20240126 20240125175002 ACCESSION NUMBER: 0001445546-24-000672 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST TRUST HIGH INCOME LONG/SHORT FUND CENTRAL INDEX KEY: 0001494530 ORGANIZATION NAME: IRS NUMBER: 273072807 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-22442 FILM NUMBER: 24563438 BUSINESS ADDRESS: STREET 1: 120 EAST LIBERTY DRIVE, SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 BUSINESS PHONE: 630-765-8000 MAIL ADDRESS: STREET 1: 120 EAST LIBERTY DRIVE, SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 DEFA14A 1 defa14a.htm ADDITIONAL SOLICITATION MATERIALS

First Trust High Income Long/Short Fund

January 26, 2024

Dear Shareholder:

I am writing to ask you to vote on an important proposal for First Trust High Income Long/Short Fund (the “Fund”) to consider the proposed reorganization of the Fund with and into abrdn Income Credit Strategies Fund (the “Reorganization”). The Reorganization will be considered at a special meeting of shareholders of the Fund on February 20, 2024. Please vote in favor of the Reorganization using the Fund’s WHITE proxy card. The Board of Trustees of the Fund (the “Board”) has unanimously recommended that shareholders vote “FOR” the approval of the Reorganization.

I also want to inform you that the Board opposes a related proxy solicitation by Saba Capital Management, L.P. (“Saba”), an activist closed-end fund investor, which seeks to solicit votes in opposition of the Reorganization. Your Fund’s Board urges you NOT to sign any GOLD proxy cards sent to you by Saba. Saba was not a shareholder of record prior to the announcement of the Reorganization, yet is soliciting the Fund’s shareholders for this important matter. Saba is not eligible to vote at the special meeting of shareholders relating to the Reorganization and its solicitation is solely an attempt to further its own interests. Please discard any proxy card received other than your Fund’s WHITE proxy card.

Please vote your shares by following the instructions on your Fund’s WHITE proxy card; voting takes just a few minutes. Regardless of the number of shares you own it is important that your shares be represented at the meeting by voting your proxy.

I ask that you vote all WHITE proxy cards you receive and discard any GOLD proxy cards you may receive.

If you have any questions, please contact our proxy solicitor, EQ Fund Solutions LLC, at (866) 620-8437 weekdays from 9:00 a.m. to 10:00 p.m. Eastern Time.

Thank you for your continued support.

Sincerely,

First Trust High Income Long/Short Fund

_/s/ James A. Bowen

James A. Bowen

Chairman of the Board

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