AGM/EGMJul 8, 2026, 04:58 PM
Saba Capital Income & Opportunities Fund to Elect 4 Trustees at AGM
AI Summary
Saba Capital Income & Opportunities Fund announced its Annual Meeting of Shareholders to be held on August 14, 2026, via audio teleconference. Shareholders are being asked to approve the election of four nominees to the Board of Trustees, consisting of three independent trustees and one interested trustee. The Board unanimously recommends voting 'FOR' its nominees, and a previously submitted third-party nomination has been withdrawn. The record date for voting eligibility is July 6, 2026.
Key Highlights
- Annual Meeting of Shareholders scheduled for August 14, 2026, at 10:00 A.M. ET via audio teleconference.
- Shareholders will vote on the election of four nominees to the Board of Trustees.
- The Board recommends shareholders vote 'FOR' the election of each of the four nominees.
- The nominees are Karen Caldwell, Ketu Desai, Anatoly Nakum (Independent Trustees), and Andrew Kellerman (Interested Trustee).
- GAMCO Asset Management Inc. withdrew its nomination for a third-party candidate.
- Independent Trustees receive a $30,000 annual retainer, with Ms. Caldwell receiving an additional $7,500 as Audit Committee Chairperson.
- The record date for shareholders entitled to vote is July 6, 2026.
Price Impact