Saba Capital Income & Opportunities Fund terminates BRW-SABA reorganization due to market conditions

Reuters
Mar 26
Saba Capital Income & Opportunities Fund terminates BRW-SABA reorganization due to market conditions
  • Saba Capital Income & Opportunities Fund said the previously approved reorganization with Saba Capital Income & Opportunities Fund II was terminated.
  • Both boards decided not to proceed based on management’s recommendation due to current market conditions.
  • The funds said their previously approved share repurchase programs will continue.


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