Saba Agreement

Certain portions of this Section 10 are considered a "written arbitration agreement" under the Federal Arbitration Act (FAA). Saba and you agree that we intend this Section 10 to meet the "written" requirements of the FAA and/or the 1958 New York Convention. This Section 10 may be amended only by mutual agreement. NEW YORK–(BUSINESS WIRE)-Saba Capital Management, L.P. and certain related parties (together "Saba") announced today that they have entered into an agreement with Pioneer Floating Rate Trust (NYSE: PHD) (the "Fund"). The price per share will be 98.5% of Pioneer Floating Rate Trust`s net asset value per share. The issuer bid does not expire until December 20 and is the subject of a transaction agreement between the fund and Saba Capital and certain related parties. By visiting or using any part of this site, you agree to the terms of this Privacy Policy, which may be amended from time to time. If we update and expand our website, this privacy policy may change, so please check for our updated privacy policy. In addition, this Privacy Policy is part of the Terms of Use of this website, which also regulates your use of this website. "We believe this agreement is in the best interest of all shareholders, as it gives them the opportunity to commit their shares at a price close to the nav of the fund," said Pierre Weinstein, a partner at Saba. "The Offer will benefit both reporting and undeclared shareholders of the Fund, as the offer price is positive for the NAV of the Remaining Shareholders of the Fund." Saba Capital Enters into Tender Agreement with Pioneer Floating Rate Trust Saba Capital Management, L.P.

and certain related parties (jointly "Saba") announced today that it has entered into an agreement with Neuberger Berman Investment Advisers LLC regarding Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund"). Saba Capital Management, L.P. and certain related parties (together "Saba") today issued the following statement on agreements with Western Asset Global High Income Fund Inc. (NYSE: EHI), Western Asset High Income Fund II Inc. (NYSE: HIX) and Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) ("Western Asset" or "Funds"). San Francisco – Paul Hastings LLP, a leading global law firm, today announced that Saba Software, a holding company of Vector Capital, has advised with respect to Cornerstone OnDemand Inc.`s agreement to acquire Saba for $1.395 billion in cash and stock. . . .