First Trust High Income Long/Short Fund (FSD): Saba Capital Significantly Increases Stake

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(h) [_]

A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [_]

A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment Company Act of
1940;

(j) [_]

A non-U.S. institution in accordance with Rule
240.13d-1(b)(1)(ii)(J);

(k) [_]

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If
filing as a non-U.S. institution in accordance with Rule
240.13d-1(b)(1)(ii)(J), please specify the type of institution:

Item 4. Ownership
(a)

Amount Beneficially Owned: The information
required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover
page for each Reporting Person hereto and is incorporated herein by
reference for each such Reporting Person.

Item 5. Ownership of Five Percent or
Less of a Class. N/A
Item 6. Ownership of more than Five
Percent on Behalf of Another Person.
N/A
Item 7. Identification and
classification of the subsidiary which acquired the security being
reported on
by the parent holding company or control person.
N/A
Item 8. Identification and
classification of members of the group. N/A
Item 9. Notice of Dissolution of
Group. N/A
Item 10. Certifications.

By signing below each Reporting Person certifies that, to
the best of his or its knowledge and belief, the securities referred to
above were not acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as
a participant in any transaction having that purpose or effect.

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