SABA CAPITAL Aktie

 

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NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on June 30, 2025, payable on July 31, 2025 to shareholders of record as of July 9, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.085 per share. Thus, the distribution amount shown excludes special dividends (which are not paid pursuant to the plan). The Fund will generally distribute amounts necessary to satisfy the Fund's Plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended ...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on June 30, 2025, payable on July 31, 2025 to shareholders of record as of July 9, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.058 per share. Thus, the distribution amount shown excludes special dividends (which are not paid pursuant to the plan). The Fund will generally distribute amounts necessary to satisfy the Fund's Plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is inten...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the Investment Company Act, the Fund is providing its shareholders with an estimate of the source of the Fund's monthly distribution as required by current securities laws. The Fund's estimated sources of the distribution to be paid on June 30, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for the distribution to be paid on June 30, 2025 (estimated as of June 23, 2025): Distribution Per Share Net Investment Income Per Share and Percentage of Such Distribution Amount Net Rea...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the Investment Company Act, the Fund is providing its shareholders with an estimate of the source of the Fund's monthly distribution as required by current securities laws. The Fund's estimated sources of the distribution to be paid on June 30, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for the distribution to be paid on June 30, 2025 (estimated as of June 23, 2025): Distribution Per Share Net Investment Income Per Share and Percentage of Such Distribution Amount Net Realize...

Boaz Weinstein, founder and chief investment officer of Saba Capital, spoke with Sonali Basak at a blackjack table in Atlantic City. (Source: Bloomberg)...

ASA Shareholders Vote to Expand Board to Five Members and to Elect Independent Governance Expert Maryann BruceNEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Fund”) with 17.2% ownership of the Fund's outstanding shares, today announced the final certified voting results of the Fund's Special Meeting of Shareholders (the “Special Meeting”) held on June 13, 2025. The final voting results of the Special Meeting confirm that shareholders voted to expand ASA's Board of Directors (the “Board”) to five members and to elect independent candidate Maryann Bruce as the fifth director. The five-member Board is now composed of Maryann Bruce, Ketu Desai, William Donovan, Mary Joan Hoene and Paul Kazarian. The Board will serve until the 2025 Annual Meeting of Shareholders, at which time shareholders will vote on the composition of the entire ...

Saba Capital Thanks Shareholders for Supporting Proposals to Move ASA ForwardNEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Fund”) with 17.2% ownership of the Fund's outstanding shares, today commented on the outcome of the Fund's Special Meeting of Shareholders (the “Special Meeting”) held on June 13, 2025. Based on the preliminary results of the Special Meeting, shareholders voted to expand ASA's Board of Directors (the “Board”) to five members and to elect independent candidate Maryann Bruce as the fifth director. Once the results are certified, the five-member Board will be composed of Maryann Bruce, Ketu Desai, William Donovan, Mary Joan Hoene and Paul Kazarian. The Board will serve until the 2025 Annual Meeting of Shareholders, at which time shareholders will vote on the composition of the entire Board. Boaz Weinstein, F...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on May 30, 2025, payable on June 30, 2025 to shareholders of record as of June 10, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.085 per share. Thus, the distribution amount shown excludes special dividends (which are not paid pursuant to the plan). The Fund will generally distribute amounts necessary to satisfy the Fund's Plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended ...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on May 30, 2025, payable on June 30, 2025 to shareholders of record as of June 10, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.058 per share. Thus, the distribution amount shown excludes special dividends (which are not paid pursuant to the plan). The Fund will generally distribute amounts necessary to satisfy the Fund's Plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is inten...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the Investment Company Act, the Fund is providing its shareholders with an estimate of the source of the Fund's monthly distribution as required by current securities laws. The Fund's estimated sources of the distribution to be paid on May 30, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for the distribution to be paid on May 30, 2025 (estimated as of May 22, 2025): Distribution Per Share Net Investment Income Per Share and Percentage of Such Distribution Amount Net Realized S...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the Investment Company Act, the Fund is providing its shareholders with an estimate of the source of the Fund's monthly distribution as required by current securities laws. The Fund's estimated sources of the distribution to be paid on May 30, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for the distribution to be paid on May 30, 2025 (estimated as of May 22, 2025): Distribution Per Share Net Investment Income Per Share and Percentage of Such Distribution Amount Net Realiz...

CYN to Propose a Tender Offer for Up to 100% of Shares as well as Other Value-Enhancing InitiativesNEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today announced that it has entered into a standstill agreement (the “Agreement”) with CQS Natural Resources Growth & Income PLC (CYN:LSE) (“CYN” or the “Trust”) following constructive negotiations with the Board aimed at achieving an outcome that benefits all shareholders. Under the terms of the Agreement and subject to shareholder approval, the Trust will conduct a tender offer for up to 100% of the issued share capital of CYN. Following the tender offer and subject to the passing of the resolutions, the Trust will adopt an enhanced annual dividend of approximately 8% and reduce its investment management fee by 20 basis points. This provides shareholders the option of taking a full cash exit or remaining invested in CYN with an enhanced dividend and lower management fee. Th...

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NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on April 30, 2025, payable on May 30, 2025 to shareholders of record as of May 9, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.085 per share. Thus, the distribution amount shown excludes special dividends (which are not paid pursuant to the plan). The Fund will generally distribute amounts necessary to satisfy the Fund's Plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended t...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on April 30, 2025, payable on May 30, 2025 to shareholders of record as of May 9, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund's currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.058 per share. Thus, the distribution amount shown excludes special dividends (which are not paid pursuant to the plan). The Fund will generally distribute amounts necessary to satisfy the Fund's Plan and the requirements prescribed by excise tax rules and Subchapter M of the Internal Revenue Code. The Plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intend...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the Investment Company Act, the Fund is providing its shareholders with an estimate of the source of the Fund's monthly distribution as required by current securities laws. The Fund's estimated sources of the distribution to be paid on April 30, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for the distribution to be paid on April 30, 2025 (estimated as of April 23, 2025): Distribution Per Share Net Investment Income Per Share and Percentage of Such Distribution Amount Net Real...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the Investment Company Act, the Fund is providing its shareholders with an estimate of the source of the Fund's monthly distribution as required by current securities laws. The Fund's estimated sources of the distribution to be paid on April 30, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for the distribution to be paid on April 30, 2025 (estimated as of April 23, 2025): Distribution Per Share Net Investment Income Per Share and Percentage of Such Distribution Amount Net ...

"The Avalanche Has Really Just Started" - Credit Market Cracks Raise Fears Of Bankruptcy Wave Just over a week ago, before the proverbial tariff fecal matter struck the rotating market object, we warned that cracks were starting to appear in the credit market... Credit starting to crack. Finally the Fed is about to wake up pic.twitter.com/1azfoGABPH — zerohedge (@zerohedge) March 31, 2025 ...a week later, things started to 'escalate quickly'... And while stocks have rebounded (amid utter chaos and headline roulette), credit market remain stressed and Saba Capital Management founder Boaz Weinstein warned Bloomberg that the selloff in corporate bonds accelerate by tariffs tensions could spur a wave of bankruptcies that may ramp up faster than in previous market crises... and The Fed is hamstrung from taking action (cutting rates to save the world) because of inflation fears. “The avalanche has really just started,” Weinstein said on Friday during an interview for an upcoming...