StreetInsider.com News Articles

Saba Capital funds reapprove merger plan targeting Q4 2026 close

Thu, 20 Aug 2026 16:51:21 -0400

The boards of trustees of Saba Capital Income & Opportunities Fund (NYSE: BRW) and Saba Capital Income & Opportunities Fund II (NYSE: SABA) have reapproved a proposal to merge the two closed-end funds, according to a press release from the funds.

Under the proposed merger, SABA would be combined into BRW. The funds are targeting a closing in the fourth quarter of 2026, subject to shareholder approval and other customary closing conditions.

The terms of the proposed merger are described as substantially identical to a previously approved merger that had been paused. Proxy materials related to the proposal are expected to be

Saba Capital funds reapprove merger plan targeting Q4 2026 close

Thu, 20 Aug 2026 16:51:21 -0400

Under the proposed merger, SABA would be combined into BRW. The funds are targeting a closing in the fourth quarter of 2026, subject to shareholder approval and other customary closing conditions.

The terms of the proposed merger are described as substantially identical to a previously approved merger that had been paused. Proxy materials related to the proposal are expected to be

Saba Capital Income & Opportunities Fund (BRW) and Saba Capital Income & Opportunities Fund II (SABA) Announce Reapproval of Merger

Thu, 20 Aug 2026 16:45:00 -0400

NEW YORK--(BUSINESS WIRE)-- The Boards of Trustees of Saba Capital Income & Opportunities Fund (NYSE: BRW) and Saba Capital Income & Opportunities Fund II (NYSE: SABA) have reapproved a proposal to merge the funds. The proposed merger, if approved by shareholders, would combine SABA into BRW. The merger is intended to create a larger fund with greater investment scale and potentially increased trading volume on the exchange for common shares. The funds are currently targeting closing the proposed merger in the fourth quarter of 2026.

The terms of the proposed merger are substantially identical to the merger that

Saba Capital Income & Opportunities Fund (BRW) and Saba Capital Income & Opportunities Fund II (SABA) Announce Reapproval of Merger

Thu, 20 Aug 2026 16:45:00 -0400

The terms of the proposed merger are substantially identical to the merger that

Saba Capital Income & Opportunities Fund (BRW) and Saba Capital Income & Opportunities Fund II (SABA) Announce Reapproval of Merger

Thu, 20 Aug 2026 16:45:00 -0400

The terms of the proposed merger are substantially identical to the merger that

Saba Capital Income & Opportunities Fund (BRW) and Saba Capital Income & Opportunities Fund II (SABA) Announce Reapproval of Merger

Thu, 20 Aug 2026 16:45:00 -0400

The terms of the proposed merger are substantially identical to the merger that

BRW Announces $0.085 Dividend

Mon, 03 Aug 2026 08:45:00 -0400

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 July 31, 2026, payable on August 31, 2026 to shareholders of record as of August 11, 2026.

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

BRW Announces $0.085 Dividend

Mon, 03 Aug 2026 08:45:00 -0400

BRW Announces Notification of Sources of Distributions

Fri, 31 Jul 2026 18:30:00 -0400

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

BRW Announces Notification of Sources of Distributions

Fri, 31 Jul 2026 18:30:00 -0400

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

The Fund’s estimated sources of the

Globex reports High-Grade Antimony Results on its Bald Hill Property and Drilling Starts at its Lac Escale Lithium Royalty