Saba Capital Nominees Overwhelmingly Elected to Eaton Vance Floating-Rate Income Plus Fund Board
Saba Capital Nominees Overwhelmingly Elected to Eaton Vance Floating-Rate Income Plus Fund Board
Saba Capital Management, L.P. and certain investment funds managed by it (collectively “Saba”) today announced that based on proxies submitted to the independent Inspector of Election for the Eaton Vance Floating-Rate Income Plus Fund (NYSE: EFF) 2020 Annual Meeting of Shareholders, results indicate that EFF shareholders overwhelmingly elected all of Saba’s nominees – David Basile, Peter Borish and Charles I. Clarvit – to the Board of Trustees (the “Board”) and voted in favor of Saba’s shareholder proposal to improve corporate governance by declassifying the Board.
薩巴資本管理，L.P. 和由其管理的某些投資基金（統稱為「Saba」）今天宣布，根據提交給獨立選舉督察的代理 伊頓萬斯 浮息收益優點基金 (紐約證券交易所：EFF）2020 年年度股東大會，結果表明 EFF 股東壓倒性地選出了薩巴的所有提名人-大衛·巴西爾，彼得·鮑里什和查爾斯 我。Clarvit — 向受託人董事會（「董事會」）投票贊成 Saba 的股東建議，通過對董事會進行分類來改善企業管治。
For
對於
Against
反對
Abstain
棄權
Declassify the Board of Trustees
解密受託人董事會
3,562,361
3,562,361
161,900
161,900
303,902
303,902
Saba Capital’s Nominees
薩巴資本被提名人
Eaton Vance’s Nominees
伊頓萬斯被提名人
Basile
巴西爾
3,019,055
3,019,055
Faust Jr.
小浮士德
672,257
672,257
Borish
鮑爾什
3,023,090
3,023,090
Frost
冰霜
669,003
669,003
Clarvit
克拉維
3,019,055
3,019,055
Wennerholm
溫納霍爾姆
661,843
661,843
Boaz Weinstein, Founder and Chief Investment Officer of Saba, said, “Shareholders have sent a clear message to management and the Board that change is required to improve EFF’s performance and corporate governance. In decisively voting to remove Eaton Vance Chairman and CEO, Thomas E. Faust Jr., from the Board, install three new independent trustees, and ask that the entire board be held accountable annually, shareholders have demonstrated their desire for increased oversight and fresh perspectives in the boardroom.
Saba 創始人兼首席投資官 Boaz Weinstein 表示：「股東已向管理層和董事會發出明確的信息，表明需要進行更改以改善 EFF 的績效和公司治理。在果斷投票刪除伊頓萬斯董事長兼首席執行官, 托馬斯 ·E· 浮士德 JR., 從董事會, 安裝三個新的獨立受託人, 並要求整個董事會每年舉行負責, 股東已經證明了他們在董事會會議室增加監督和新的觀點的願望.
“We are grateful that shareholders share our view that the Board as formerly constituted was not acting in their best interests, and that new trustees and a declassified Board will allow for more productive shareholder engagement and help EFF achieve its optimal valuation. We are confident that with David, Peter and Charles in the boardroom, shareholders will finally reap the benefits of their investment and EFF will be held to the highest corporate governance standards.
「我們非常感謝股東同意我們的看法，認為董事會之前成立的董事會並不符合他們的最佳利益，而新的受託人和解密董事會將使股東參與度更高，並幫助 EFF 實現其最佳估值。我們相信大衛，彼得和查爾斯在董事會會議室，股東最終將獲得其投資的好處，EFF 將以最高的公司治理標準持有。
“Over the past few years, closed-end fund shareholders have suffered from large discounts to NAV while closed-end fund trustees have gone to great lengths to entrench themselves and protect the fees of investment advisors. The results of the EFF election should clearly convey to all closed-end fund managers that closed-end fund shareholders are embracing Saba’s call for improved corporate governance and reduced discounts to NAV. We thank all shareholders for their tremendous support.”
「在過去的幾年中，封閉式基金股東對資產淨值的折扣很大，而封閉式基金受託人已竭盡全力支持自己並保護投資顧問的費用。EFF 選舉的結果應清楚地傳達給所有封閉式基金經理，即封閉式基金股東正在接受 Saba 的呼籲改善公司治理並降低資產淨值折扣。我們感謝所有股東的大力支持。」
About Saba Capital
關於薩巴資本
Saba Capital Management, L.P. is an Investment Adviser based in New York. Launched in 2009, Saba currently manages assets across three core strategies: Credit Relative Value, Tail Hedge, and Closed-End Funds.
Saba 資本管理公司是一名駐紐約的投資顧問。Saba 於 2009 年推出，目前管理三種核心策略的資產：信貸相對價值、尾部對沖和封閉式基金。
譯文內容由第三人軟體翻譯。