Saba Capital Management, L.P. and certain associated parties announced that Voya Prime Rate Trust shareholders have elected all eight of Saba’s nominees – Aditya Bindal, Peter Borish, Karen Caldwell, Charles Clarvit, Ketu Desai, Kieran Goodwin, Andrew Kellerman and Neal Neilinger – to the Board of Trustees, thereby replacing the full Board. Additionally, shareholders voted in favor of Saba’s non-binding proposal to tender 40% of PPR shares outstanding.