AGREEMENT AND PLAN OF REORGANIZATIONAgreement and Plan of Reorganization • January 8th, 2009 • Federated Income Securities Trust • Pennsylvania
This AGREEMENT AND PLAN OF REORGANIZATION, dated as of October 1, 2008, (the “Agreement”) is made between Prudent Bear Funds, Inc., a Maryland corporation (“Corporation”), with its principal place of business at 616 East Michigan Street, P.O. Box 701, Milwaukee, Wisconsin, with respect to its portfolio, Prudent Global Income Fund (the “Reorganizing Fund”), and Federated Income Securities Trust, a Massachusetts business trust (the “Federated Trust”), with its principal place of business located at 5800 Corporate Drive, Pittsburgh, PA 15237-7000, on behalf of its newly-organized portfolio, Federated Prudent Global Income Fund(the “Surviving Fund”).
