On February 20, 2020, Dolphin Limited Partnership I, L.P. filed an exempt solicitation statement soliciting proxies and recommended First Trust High Income Long/Short Fund shareholders vote to withhold for Robert F. Keith and vote for a proposal to terminate all investment advisory and management agreements pertaining to the Company and between First Trust Advisors L.P. at the Company’s 2020 annual meeting of shareholders scheduled to be held on March 9, 2020.