Saba Capital Income & Opportunities Fund $(BRW)$ has announced the sources of its monthly distribution in accordance with Section 19(a) of the Investment Company Act of 1940. The Fund aims to provide a high level of current income and capital appreciation by investing globally in various securities, including closed-end funds and SPACs. For the distribution on June 30, 2025, the Fund has outlined its estimated allocations, noting that long-term capital gains and/or return of capital may be significant sources. The Fund continues to pursue its investment objectives, though there is no guarantee of success.
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